SUBSCRIBERS

Oil slump continues to hit Rotary

But group manages to improve margins; expects continued pressure on profits

Published Wed, Nov 4, 2015 · 09:50 PM

Singapore

ROTARY Engineering reported lower revenue for the third quarter ended Sept 30, and profit continued to slump with the completion of major projects despite better margins for the period.

The oil and gas infrastructure services firm's net profit of S$6.3 million was 42 per cent from S$10.9 million a year ago.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Companies & Markets

GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
US: Wall St opens lower as Meta Platforms, economic data weigh

Purchase this article

Companies & Markets

Companies & Markets

Oil slump continues to hit Rotary

Companies & Markets

GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology

Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336

Nasdaq’s profit falls as shaky economy keeps IPO revival elusive

iFast Q1 net profit surges on ePension unit performance

Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution

US: Wall St opens lower as Meta Platforms, economic data weigh

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT