In Brief

Eu Yan Sang's Q1 earnings plunge 48%

HEALTH supplement and wellness product specialist Eu Yan Sang's first-quarter net profit fell 48 per cent to S$737,000, from S$1.43 million a year earlier, weighed down by higher operating costs, including rental and salary costs, across most markets. Revenue for the quarter ended Sept 30 rose 4 per cent to S$83 million. The company expects its core business to grow at a slower pace amid protracted unrest in Hong Kong and slower economic growth in China.

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