The higher top and bottom lines were also due to the recognition of sales revenue as eligible customers of the units from levels one to eight obtained controls of their respective units after receiving their notice of vacant possession (NOVP) by FY2025. There were no comparable projects completed in FY2024, says Soon Hock.
The company will release its results on or around Feb 23.
Shares in Soon Hock traded flat at 62.5 cents as at the mid-day break of Feb 2.
