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Companies & Markets

Hot stock: Osim International fell 13.7%

Published Wed, May 6, 2015 · 01:23 AM
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SHARES of lifestyle products group Osim International fell S$0.265 or 13.7 per cent to trade at S$1.665 as at 9.20am on Wednesday.

Some 2.1 million shares changed hands.

The movement comes after Osim posted its first double-digit revenue slide in some time, with revenue for the first quarter ended March 31, 2015, down 13 per cent to S$149.8 million.

Net profit fell 53 per cent to S$13.5 million, from S$28.8 million a year ago.

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