The increase was mainly due to increased sales in its development segment. The group reports that it has fully sold its Kismis Residences and Tranquilia @ Kismis properties.
SINGAPORE (Sept 12): Property developer Low Keng Huat (Singapore) saw its earning surge more than eightfold to $4.2 million for the 2Q18 ended July, from $0.5 million a year ago.
This was attributable to a more than fivefold jump in 2Q18 revenue to $77.9 million, from $13.6 million a year ago.
