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Triyards Q3 profit falls 24% to US$4.1m

But CEO says first nine months' results indicate success of company's diversification strategy

Published Fri, Jul 8, 2016 · 09:50 PM

Singapore

TRIYARDS Holdings, Ezra Holdings' yard-operating subsidiary, has reported a 28 per cent increase in third-quarter revenue, but its net profit slumped 24 per cent to US$4.1 million for the three months ended May 31.

Its revenue for the third quarter expanded to US$82.1 million.

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Companies & Markets

Companies & Markets

Triyards Q3 profit falls 24% to US$4.1m

Companies & Markets

TikTok tells advertisers: ‘We are not backing down’

EV automakers get reprieve in US tax credit rules

Nomura, Mizuho face losses on All Blue fund’s failed trades

Stablecoin Tether steps up monitoring in bid to combat illicit finance

HSBC asked by US$890 billion investor group to set energy goal

BHP’s biggest rivals sit on the sidelines of Anglo M&A drama

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