Staff Reporter
,
Singapore
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Net profit increased by $5.6m.
Huationg Global reported a net profit of $10.8m in H1 2024 up 107.2% year-on-year (YoY) from $5.2m a year ago.
Revenue for the period rose 70.9% YoY to $119m from $69.8m in H1 2023, mainly driven by higher contributions from the civil engineering contract works segment.
In addition, gross profit also increased 78.8% YoY to $23.9m from $13.4m in the previous year.
Earnings per share stood at $0.0611.
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