This was due to lower revenue contribution from the group’s Property Rental & Hospitality, Property Development and Manufacturing divisions, but partially offset by a 7% y-o-y increase in revenue from its Engineering & Distribution division.
SINGAPORE (May 7): United Engineers reported a 3% rise in 1Q18 earnings to $9.0 million compared to $8.72 million in 1Q17.
Revenue for the quarter came in at $105.2 million, 1% lower than $106.1 million recorded in the previous year.
