Lincotrade and Associates' (SGX:BFT) profit attributable to owners of the company slid 60% to SG$717,000 for six months ended Dec. 31, 2024, from SG$1.8 million a year earlier, according to a filing with the Singapore Exchange on Thursday.
Earnings per share dropped to SG$0.0042 compared with SG$0.0104 in the comparable period.
Revenue in fiscal H1 declined 21% year over year to SG$33.7 million from SG$42.7 million, mainly due to decreased revenue across all major business segments.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.