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Triyards' Q4 earnings hit by revenue fall

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WHAT'S AHEAD: Earnings boost seen coming from aluminium shipbuilding and fabrication capabilities and the rising momentum of liftboat contract wins.

Singapore

TRIYARDS Holdings registered a 49 per cent drop in net profit to US$5.3 million for the fiscal fourth quarter ended Aug 31 as revenue fell 36 per cent to US$48.8 million.

The year-on-year fall in earnings for the offshore engineering group would have been higher if not...

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