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Low Keng Huat posts 52% drop in 1H earnings to $25.1 mil

Samantha Chiew
Samantha Chiew • 2 min read
Low Keng Huat posts 52% drop in 1H earnings to $25.1 mil
Low Keng Huat posts 52% drop in 1H earnings.
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Mainbaord-listed builder Low Keng Huat recorded a 52% drop in its latest 1HFY2021 ended July earnings to $25.1 million, compared to $51.9 million in 1HFY2020.

This was mainly due to a loss from its associated companies and joint ventures ad an increase in taxation.

Revenue for the first half period increased significatly to $88.9 million, compared to $22.9 million last year.

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