This came on the back of higher revenue, which saw a 2.5% y-o-y increase to $64.4 million for 1HFY2025. This was driven by higher construction activities in road works and cable laying projects. That said, revenue growth was partially offset by lower revenue from the group’s airport project, as well as certain pipe laying projects, which are nearing completion.
Ley Choon Group has reported a net profit after tax (NPAT) of $7.3 million for 1HFY2025 ended September, up 35.9% y-o-y from the same period last year.
Earnings per share stood at 0.486 cents, up from 0.358 cents in 1HFY2024.
