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.
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.