The boost in earnings were attributed to the contributions from development properties, says Ho Bee Land in its Feb 28 release.
Ho Bee Land has reported earnings of $225.0 million in the 2HFY2021 ended December, some 4.8 times higher than earnings of $46.5 million in the corresponding period the year before.
The half-year period’s figures have boosted the developer’s FY2021 earnings to $330.5 million, 141% higher than FY2020’s earnings of $137.1 million.
