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23 / 34

Revenue Growth

S$’m

0.1%

Period ended June 30

37.0%

Notwithstanding continuing global

economic slowdown:

  • -

    2QFY2009 Revenue

0.1%:

  • Structural Steelworks increased 15.9%

to S$69.9 million from 2QFY2008 mainly due to:

      • Contributions from projects such as:

        • Marina Bay Sands™ Integrated Resort;

        • New Delhi International Airport;

        • Integrated Civic, Cultural, Retail and Entertainment hub at Vista Xchange, one-north.

  • Specialist Civil Engineering declined

    • 36.3

      % to S$16.5 million from 2QFY2008

mainly due to:

  • Reduced activities at Marina Bay Sands™ Integrated Resort;

    • Partly offset by the commencement of the Marina Coastal Expressway C485 project – the Group’s single largest contract to-date at S$185.5 million.

23

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