XMH Holdings' Q2 net down 65%, group upbeat on Vietnam
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Kalpana Rashiwala
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Singapore
XMH Holdings, a diesel engine provider for the marine and industrial sectors, has posted net profit of S$711,000 for the second quarter ended Oct 31, down 64.9 per cent from a year ago.
Revenue slipped 28.9 per cent to S$19.23 million. The company blamed the drop mainly on slower sales in the distribution business.
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