SINGAPORE (July 24): Property developer Tuan Sing Holdings reported earnings of $1.5 million for 2Q19, down 50% from 2Q18.
Revenue for the quarter fell 9% to $73.9 million from a year ago mainly due to lower revenue from industrial services segment, partially offset by higher revenue from property segment.
Gross profit came in 11% lower at $13.8 million in line with lower revenue.
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