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Kim Heng's Q3 profit plummets 62%

Fall in revenue and gross profit margin; group expects final quarter to fare better than Q3
Friday, November 7, 2014 - 05:50

Singapore

LOWER revenue and poorer gross margin combined to drag down Kim Heng Offshore & Marine Holdings' third-quarter earnings.

The company, which was listed on Catalist in January this year, on Thursday posted a sharp 62 per cent fall in net profit to S$1.15 million for the

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