Infrastructure contractor Ley Choon Group Holdings Q0X has reported earnings of $9.7 million for FY2023, up 104.3% over the preceding $4.8 million recorded for the preceding March 2022.
Revenue in the same period was up 33.4% to $123.9 million, driven by a bigger volume of work done.
The company has an order book of $315.9 million, to be fulfilled over the next three years.
"Apart from new underground infrastructure, we also foresee a sizeable number of older infrastructures needing replacement soon," says executive chairman Toh Choo Huat.
"In the coming year or so, we will capitalize on this uptrend and bid for more projects to replenish or even grow our order book further," he adds.
