Fragrance Q3 profit plunges 88.8%

Published Wed, Nov 9, 2016 · 12:05 PM

MAINBOARD-LISTED Fragrance Group on Wednesday posted an 88.8 per cent decline in third-quarter net profit to S$3.1 million.

Turnover was down 48.5 per cent to S$33 million, mainly on decreased revenue contribution from the property development segment.

Earnings per share was 0.05 Singapore cent compared to 0.41 Singapore cent.

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