Gross profit decreased by 20% to $89.6 million while other operating expenses widened 81.4% to $11.3 million.
For the 4Q, earnings fell 50.4% to $3 million although revenue rose 24.3% to $15.2 million.
Looking ahead, Bukit Sembawang says the residential property market conditions continue to remain challenging in the current year with the property measures still in place and slowing economic growth.
The group has proposed final and special dividends of 4 cents and 29 cents respectively.
Shares of Bukit Sembawang closed 1 cent lower at $6.09.
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