On a geographical basis, Singapore remained the group’s core contributor of revenue, accounting for 88.1% of total revenue in the latest financial year.
SINGAPORE (Mar 1): Yongnam Holdings reported full-year losses narrowed by half to $15.8 million in FY17 from $31.6 million in FY16 on improved margins for some of its projects.
Revenue for the full year fell 4.6% to $306.7 million in FY17 from $321.4 million in FY16 due to lower contributions from its structural steelworks and mechanical engineering businesses, which more than offset the increase in revenue contributions from its specialist civil engineering segment.
