[Caihua News] Glory Holdings (09998.HK) announced that the Group has been awarded a construction contract with a total contract value of S $48.4 million through its wholly-owned subsidiary Glory Construction Pte Ltd. The above contract involves the development and construction of a sanatorium in Singapore, which is built with pre-cast technology.
The contract is entered into in the ordinary course of the Group's business and, in the absence of any unforeseen circumstances, is expected to have a positive impact on the Group's profits and consolidated earnings per share for the financial year ended 30 June 2022 and subsequent periods.