BRC Asia H2 profit falls 5% to S$52.2 million

BRC Asia reported a 5% decrease in H2 net profit to S$52.2 million, despite a 16% revenue increase to S$837.4 million. Full-year net profit rose 1% to S$94.3 million, with revenue up 5% to S$1.6 billion. The board proposes a final cash dividend of S$0.07 and a special dividend of S$0.07. Positive developments in construction demand and project wins, including Changi Airport Terminal 5, support future growth. Shares closed down 2% at S$4.02.