Building Materials

Hong Leong Asia sees 38% rose in Q1 earnings to S$30.2m

Building materials group Hong Leong Asia on Wednesday reported a 38 per cent rise in first quarter earnings to S$30.2 million while its revenue rose 34 per cent to about S$1.1 billion. The improved earnings and higher revenue were due to higher unit sales volume of its China operations. The company said there was also higher consumer demand which boosted its Singapore business. Hong Leong said the...

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