2HFY2022 revenue fell by 82.9% y-o-y to $11.3 million due to the absence of revenue recognition from development properties during the period. At the same time, cost of sales fell by 92.4% y-o-y to $3.9 million.
Sing Holdings (SGX:5IC
) has reported earnings of $5.3 million for the 2HFY2022, 20.1% lower than the earnings of $6.7 million in the same period the year before.
For the FY2022, earnings increased by 10.3% y-o-y to $10.8 million, which includes the sales proceeds from completed industrial units and rental income from the group’s investment properties.
