Cost of sales fell 21% to $63.5 million over the quarter, which the group says in line with the lower revenue.
SINGAPORE (Jan 15): Lian Beng Group reported $7.7 mil in earnings for 2Q19, up 21.3% from a year ago due to higher margins.
Revenue came in 15.3% lower at $79.9 million compared to $94.4 million in 2Q18, as lower sales contribution from the Property Development segment offset higher sales from the Construction and Investment Holding segments.
