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OSIM Q4 profit slides, gross margins in '15 maintained

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AMID a slower retail environment, lifestyle products group OSIM International reported a net profit of just S$9 million for its seasonally strong fourth quarter ended Dec 31, 2015, down 66 per cent from S$27 million a year ago.

Singapore

AMID a slower retail environment, lifestyle products group OSIM International reported a net profit of just S$9 million for its seasonally strong fourth quarter ended Dec 31, 2015, down 66 per cent from S$27 million a year ago.

However, lower profits were also due to a

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