Hiap Seng Engineering net profit attributable to shareholders of S$1.1 million

Hiap Seng Engineering Ltd reported a net profit attributable to shareholders of S$1.1 million for the three months ended March 31, 2014. The Group's revenue for 4QFY2014 increased 46.9% to S$68.9 million from S$46.9 million in the past corresponding period. The Group recorded a net profit attributable to shareholders of S$1.1 million in 4QFY2014, as compared to a loss of S$4.5 million in 4QFY2013. The better performance resulted mainly from the increased revenue and marginally improved gross margins in 4QFY2014...