Yeo Hiap Seng's Q4 profit more than doubles to $17m

Singapore

YEO Hiap Seng (YHS) reported a net profit of $17.07 million for the fourth quarter ended Dec 31, 2013, up from $7.75 million in the corresponding quarter a year earlier, thanks in part to strong contributions from its food and beverage (F&B) business.

Revenue for the quarter, however, slipped from $106.4 million previously to $103.42 million while earnings per share for the quarter under review worked out to 2.97 cents, up from 1.35 cents previously.