Construction firm Lian Beng Group has won a new contract bringing its order book to $1.5 billion, according to chairman and managing director Ong Pang Aik in an exchange filing on April 11.
In the company’s prior update on March 9, it said its order book had hit $1.4 billion, and in an even earlier update, as at Jan 14, its order book was $1.3 billion.
These contracts are estimated to keep the company busy till FY2026.
On Feb 14, the company announced that earnings for its 1HFY2022 ended Dec 2021 was $14.9 million, down 15.3% from the year earlier period.
Lian Beng shares closed April 11 at 51 cents, down 1.94% for the day, and down 6.48% year to date.
