Lian Beng's profits dropped 23.4% to S$39.4m

Construction books stood at S$1.3b.

According to OCBC Investment Research, Lian Beng announced FY13 (ended 31 May 2013) PATMI of S$39.4m – down 23.4% – this is mostly due to an absence of a S$7.9m gain from an investment property sale in FY12.

Here's more:

FY13 topline, however, increased 13.6% to S$505.6m on higher revenue recognition from its construction and readymixed concrete segments. We note that Lian Beng’s construction books as at end May 13 are at a very healthy level of S$1.3b, which is expected to underpin firm revenue numbers over the next 2-3 years.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia