On October 29, CTR HOLDINGS (01416.HK) announced that for the interim performance for the six months ended on August 31, 2024, the income increased by about 52.0% to around 92.2 million new dollars. The increase in income was mainly due to the increase in architecture engineering for large projects. The group's interim surplus is about 3.223 million new dollars (for the six months ended August 31, 2023: 2.793 million new dollars). Earnings per share for ordinary shareholders of the company is 0.2 Singapore cents.
As of August 31, 2024, the group had 31 projects on hand (including contract engineering under construction), including 24 structural engineering projects and 7 architecture engineering projects. The total contract amount of the above projects is approximately 485 million new dollars, of which about 304 million new dollars have been recognized as income as of August 31, 2024. The remaining balance will be recognized as the group's income based on the relevant completion stages.
