Jul 28, 2010

Lian Beng Group reports 41.2% rise in full-year earnings to $24m

Written by the Edge

Wednesday, 28 July 2010 18:25

Building construction company Lian Beng Group has reported a profit attributable to shareholders of $24.0 million for the financial year ended 31 May 2010 (FY10), compared to $17.0 million in 2009 (FY09).

Lian Beng says the 41% year-on-year jump in profitability was driven by strong performance across the group’s construction, property development and ready-mixed concrete divisions.

Dividends ; First and final 0.4 cents
special: 0.4 cents.