Chip Eng Seng posts profit in Q4

SINGAPORE - Chip Eng Seng has posted a net profit of S$14.9 million in the fourth quarter, up 52.5 per cent from the same period a year ago.

Revenue in the three months ended Dec 31 was S$147.6 million, up 97.6 per cent from the same period a year ago.

A four cent cash dividend was declared, the same as a year ago, to be paid on or about May 24.