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Keong Hong's 3Q earnings halved to $4.1 mil despite higher revenue

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
Keong Hong's 3Q earnings halved to $4.1 mil despite higher revenue
SINGAPORE (Aug 7): Construction and property development group Keong Hong Holdings posted earnings of $4.1 million for the 3Q19 ended June, falling 51.7% from $8.6 million a year ago.  
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SINGAPORE (Aug 7): Construction and property development group Keong Hong Holdings posted earnings of $4.1 million for the 3Q19 ended June, falling 51.7% from $8.6 million a year ago.

This translated to fully diluted earnings per share of 1.76 cents for 3Q19, compared to EPS of 3.65 cents in 3Q18.

3Q19 revenue rose 18.3% to $47.9 million, from $40.5 million a year ago.

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