Floating Button
Home Capital Results

Low Keng Huat reports 91% fall in 2Q19 earnings on absence of sales

PC Lee
PC Lee • 2 min read
Low Keng Huat reports 91% fall in 2Q19 earnings on absence of sales
SINGAPORE (Sept 15): Construction company Low Keng Huat reported 2Q19 ended July earnings of $0.36 million, down 91% fom $4.15 million a year ago.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Sept 15): Construction company Low Keng Huat reported 2Q19 ended July earnings of $0.36 million, down 91% fom $4.15 million a year ago.

Revenue fell 89% to $8.4 million from $77.9 million a year ago. The decrease was mainly due to absence of sales in development segment as there was no development project launched for sale in 1H19.

Kismis Residences & Tranquilia @ Kismis were fully sold last year. Uptown @ Farrer is 27.5% completed and scheduled to launch for sale by Sept 14. Citadines Balestier is expected to commence business by Sept 30 while Lyf @ Farrer is expected to obtain TOP by 4Q22 and to commence business by 2Q23.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.