UE E&C
http://www.remisiers.org/cms_images/res ... 325_LT.pdf
behappyalways wrote:Notes :
1. Value of contract on hand as of 31/12/2011 is $506m. Value of contract on hand as of 31/12/2012 is $650m. Increased of 30%.
2. 30% stake in Austville Residences EC. Fully sold and will receive TOP by 1Q2014. Will be able to book one lump sum profit.
3. 30% stake in Watercolours EC. Fully sold and will receive TOP in 2014. Will be able to book one lump sum profit.
4. 30% stake in Waterwoods. Appointed main contractor for the project.
5. 20% stake in a residential development on Prince Charles Crescent(named The Crest). Acquired the site at $960psf. Construction around $400psf. Breakeven $1450 psf. Average sale price of nearby Mon Jervois for Sept 2013 is $2152 psf. Appointed main contractor for the project.
behappyalways wrote:Earnings drop Was expecting them to account for the EC Austville which TOP. Guess it would only be accounted for in 2Q2014
1Q2014
http://infopub.sgx.com/FileOpen/UEEC_Q1 ... eID=296978
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