Tiong Seng Holdings Limited operates within the Nonresidential construction sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tiong Seng Holdings Limited with three other
companies in this sector in Singapore:
Koh Brothers Group Limited
(2017
sales of 369.43 million Singapore Dollars [US$272.24 million]
of which 97%
was Construction & Building Materials),
Koh Brothers Eco Engineering Ltd
(298.44 million Singapore Dollars [US$219.93 million]
), and
Tuan Sing Holdings Limited
(357.92 million Singapore Dollars [US$263.76 million]
of which 38%
was Industrial Services).
Sales Analysis.
During the year ended December of 2017, sales at
Tiong Seng Holdings Limited were 742.80 million Singapore Dollars (US$547.38 million).
This
is
a
decrease of 4.1%
versus 2016, when the company's sales were 774.26 million Singapore Dollars.
Contributing to the drop in overall sales was the 35.0% decline
in Property Development, from 137.82 million Singapore Dollars to 89.54 million Singapore Dollars.
There were also decreases in sales in
Rental (down 12.8% to 1.93 million Singapore Dollars)
.
However, these declines were partially offset by the increase in sales of
Construction (up 3.5% to 651.33 million Singapore Dollars)
.