Company Briefs

Lee Kim Tah posts 48% fall in Q4 profit

LEE Kim Tah Holdings reported a net profit of $7.8 million for the fourth quarter ended Dec 31, 2013, down some 48 per cent year-on-year, while sales slid 5.6 per cent to $28.9 million. For the full year, net profit was up 81.9 per cent at $57.2 million, while sales climbed 17.2 per cent to $98.6 million. Earnings per share were 11.33 cents, up from 6.23 cents. A first and final dividend of two cents per share has been declared.

Rise of 19% …