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Rotary's Q4 earnings soar on better margin, lower taxation

It warns that protracted weaknesses in oil prices may affect its business
Thursday, February 26, 2015 - 05:50

Singapore

DESPITE a weak crude oil environment and lower turnover, oil and gas infrastructure services firm, Rotary Engineering, more than doubled its Q4 FY14 net profit to S$11.79 million.

The group's profits had gained from an 8 percentage point improvement in gross profit margin

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