This was mainly due to revenue of $68.2 million recognised for two construction projects during the quarter. This was partially offset by lower revenues from substantially completed construction projects.
SINGAPORE (May 12): Lum Chang Holdings posted a 40% drop in earnings to $4.2 million in the third quarter ended March, from $6.9 million a year ago.
Revenue grew 27% to $98.2 million in 3Q17, from $77.1 million in the corresponding quarter last year.
