Newly-listed OTS Holdings, a foodstuff maker, has reported earnings of $2.99 million for FY2021 ended June 30 2021, down 15.8% from the preceding year.

However, if listing expenses were excluded, the company would have reported earnings of $4.05 million, up 13.9%.

Revenue in the same period was up 11.5% to $38.5 million, led by higher sales in Malaysia.

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