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Yongmao's Q4 profit down 37.3%


YONGMAO Holdings's net profit for the fourth quarter ended March fell 37.3 per cent, from 11 million yuan (S$2.4 million) to 6.9 million yuan as revenue dropped 22.8 per cent, from 220.5 million yuan to 170.1 million yuan.

This was mainly due to a decrease in sales in