Chip Eng Seng Corporation Limited operates within the Operative builders sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Chip Eng Seng Corporation Limited with three other
companies in this sector in Singapore:
Aspial Corporation Limited
sales of 621.04 million Singapore Dollars [US$446.79 million]
of which 54%
was Property Development),
Wheelock Properties (Singapore) Limited
(769.67 million Singapore Dollars [US$553.72 million]
of which 90%
was Property Development), and
Wing Tai Holdings Limited
(544.53 million Singapore Dollars [US$391.75 million]
of which 61%
was Property Development).
During the year ended December of 2016, sales at
Chip Eng Seng Corporation Limited were 748.00 million Singapore Dollars (US$538.12 million).
increase of 10.6%
versus 2015, when the company's sales were 676.45 million Singapore Dollars.
Despite this increase, sales are still
below the level achieved in 2014, when Chip Eng Seng Corporation Limited
reported sales of 1.11 billion Singapore Dollars.
Sales of Hospitality saw an increase
that was more than double the company's growth rate: sales were up
94.1% in 2016, from
14.13 million Singapore Dollars to 27.43 million Singapore Dollars.
Chip Eng Seng Corporation Limited also saw significant increases in sales in
Property Developments (up 18.5% to 413.23 million Singapore Dollars)
Property Investment (up 14.7% to 12.36 million Singapore Dollars)
Not all segments of Chip Eng Seng Corporation Limited experienced an increase in sales in 2016:
sales of Construction fell 12.7% to 350.36 million Singapore Dollars.