Hai Leck Holdings, the integrated service provider of scaffolding, corrosion prevention and insulation works, says it posted a net profit after tax of $6.3 million for the six months ended 31 December 2009 (1H2010), an increase of 6% over the $5.9 million it made in the previous corresponding period.
For the same period, Hai Leck made $68.7 million in revenue, a rise of 50% or $22.9 million from $45.7 million in the previous corresponding period. The increase is due mainly to higher revenue from on-going projects in the Project Services unit that were mostly contracted in FY2007 and late-FY2008.
