Tuan Sing's Q3 profit falls 35% to S$3.77m

Singapore

TUAN Sing Holdings on Wednesday posted a 35 per cent fall in net profit for the third quarter to S$3.77 million, due to the absence of an one-off gain that had lifted earnings in the corresponding quarter last year by S$2.9 million.

The property developer's revenue for the three months ended Sept 30 was S$94.6 million, down 6 per cent from a year ago.