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Rotary's Q1 profit halved to S$7m as revenue falls
Published Tue, May 12, 2015 · 09:50 PM
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Singapore
ROTARY Engineering's net profit halved to S$7.07 million for the first quarter ended March from S$14.4 million a year ago.
The oil and gas services firm's revenue fell 55 per cent over the period to S$89.39 million which the firm attributed to the completion of major projects.
Earnings per share accordingly declined to 1.2 Singapore cents from 2.5 S…
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