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Rotary's Q1 profit halved to S$7m as revenue falls

Anita Gabriel

Anita Gabriel

Published Tue, May 12, 2015 · 09:50 PM

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Singapore

ROTARY Engineering's net profit halved to S$7.07 million for the first quarter ended March from S$14.4 million a year ago.

The oil and gas services firm's revenue fell 55 per cent over the period to S$89.39 million which the firm attributed to the completion of major projects.

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