Yong Nam Holdings

Yong Nam Holdings reports 267% jump in Q1 profit to S$6m

The building boom in Singapore and the Middle East is proving to be a boon for engineering and construction company Yong Nam Holdings. Its net profit for the first quarter rose 267 percent to about S$6 million. Revenues increased 56 percent to S$47.4 million. Yong Nam saw increased activities from projects such as Orchard Turn, Marina Bay Sands Integrated Resort, Formula One and the Dubai Metro...

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