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For the full year of 2012, Rotary's made a loss of S$80.44
million, down from the profit of S$31.02 million made in 2011. Revenue
for financial year 2012 fell 16 per cent year-on-year to S$444.47
million - PHOTO: ROTARY ENGINEERING
Rotary Engineering Limited on Thursday posted a loss of S$18.43
million for the fourth quarter ended Dec 31, 2012. Loss per share for
the quarter was at 3.2 cents.
The group had recorded a profit of S$8.32 million the same period in 2011.
Revenue for the fourth quarter of 2012 fell 35 per cent year-on-year to S$84.34 million, down from S$129.76 million a year earlier caused due to the delay in commencement of certain projects.
For the full year of 2012, Rotary's made a loss of S$80.44 million, down from the profit of S$31.02 million made in 2011. Revenue for financial year 2012 fell 16 per cent year-on-year to S$444.47 million
The group had recorded a profit of S$8.32 million the same period in 2011.
Revenue for the fourth quarter of 2012 fell 35 per cent year-on-year to S$84.34 million, down from S$129.76 million a year earlier caused due to the delay in commencement of certain projects.
For the full year of 2012, Rotary's made a loss of S$80.44 million, down from the profit of S$31.02 million made in 2011. Revenue for financial year 2012 fell 16 per cent year-on-year to S$444.47 million
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