The lower contributions from these projects were offset in part by higher revenue from a small pipe diversion project and distribution cable projects during the period.
SINGAPORE (Feb 12): Construction and engineering group Ley Choon saw 3Q18 earnings fall 96.2% to $0.3 million from $8.8 million in 3Q17, mainly due to the absence of a gain on disposal of its office building which was recorded in the same period a year ago.
Revenue for the quarter fell by 4.4% to $26.4 million from $27.6 million previously, due largely to a decrease in revenue from the group’s oil and gas (O&G) projects as well as roadwork projects, which were completed.
