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EMS Energy's full-year net profit down 81%

Gross profit up 46.3% and revenue more than doubles; latest contract secured lifts its order book to S$67m

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Earnings per share came down to 0.08 Singapore cent, from 0.40 Singapore cent previously. The net asset value per share stood at 2.54 Singapore cents as of Dec 31, 2014.

Singapore

ENGINEERING solutions provider EMS Energy's net profit for the full year ended Dec 31, 2014, came in at S$825,000, less than a fifth of what it made in its previous financial year.

While the company's gross profit soared 46.3 per cent to S$6.1 million, its gross profit