Sinostar PEC Q1 net profit more than doubles to 26.4m yuan

Singapore

SINOSTAR PEC Holdings on Tuesday posted a more-than-doubled net profit of 26.4 million yuan (S$5.3 million) for its first quarter ended March 31, 2016 (Q117), up from 11.5 million yuan a year ago.

Revenue grew by 43 per cent from 329.2 million yuan last year to nearly 472