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Triyards Q4 net profit down 73% to US$2.2m

Singapore

TRIYARDS Holdings on Friday reported a 73 per cent fall in net profit to US$2.23 million for the three months ended Aug 31 (Q4 FY2016), due to lower gross profit margins resulting from a different mix of projects.

Revenue grew 7 per cent year- on-year to US$94.2 million.

sentifi.com

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