Revenue from the construction segment was up by 21% y-o-y to $221.6 million due to the higher level in construction activities during the period. The group had various on-going projects and commenced new projects in the six-month period.
Lum Chang Holdings has reported earnings of $3.6 million in the 1HFY2024 ended Dec 31, 2023, 431% higher than the earnings of $684,000 in the corresponding period the year before.
Revenue rose by 18% y-o-y to $232.6 million, mainly due to the higher revenue generated from the company’s construction segment and partly offset by lower revenue from the property segment.
