Abundante's Attributable Profit Down 84% in Six Months Ended Aug. 31

MT Newswires

2024-10-14

Abundante's (SGX:570) income attributable to owners of the company was down 84% year over year to SG$103,000 from SG$630,000 in the year-ago period, a filing with the Singapore Exchange said on Friday.

Earnings per share came in at SG$0.0010 from SG$0.0060 in the comparable period.

Meanwhile, revenue was down 16% year over year to SG$3.5 million from SG$4.1 million, mainly due to rising competition in the construction market.

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