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Tuan Sing's Q1 earnings down 44%

Thursday, April 27, 2017 - 22:40

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TUAN Sing Holdings' net profit slumped 44 per cent year on year to S$5.39 million for the first quarter ended March 31, weighed down by a decline in revenue.

TUAN Sing Holdings' net profit slumped 44 per cent year on year to S$5.39 million for the first quarter ended March 31, weighed down by a decline in revenue.

Revenue was 29 per cent lower at S$74.8 million due to lower revenue from development properties.

Earnings per share fell to 0.5 Singapore cent, from 0.8 Singapore cent a year ago.

sentifi.com

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