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Hock Lian Seng reports 60.9% y-o-y surge in FY2023 earnings of $26.6 mil

Felicia Tan
Felicia Tan • 2 min read
Hock Lian Seng reports 60.9% y-o-y surge in FY2023 earnings of $26.6 mil
One of Hock Lian Seng's JV projects.
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Singapore-based civil engineering company Hock Lian Seng has reported earnings of $26.6 million for the FY2023 ended Dec 31, 2023, 60.9% higher y-o-y.

The company’s earnings for the 2HFY2023 more than doubled to $17.7 million from $8.8 million in the corresponding period the year before.

Earnings per share (EPS) for the FY2023 and 2HFY2023 stood at 5.19 cents and 3.45 cents on a diluted basis.

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