Revenue was also down by 30.8% to $79.9 million in 1QFY2023 from $115.5 million in 1QFY2022, as Best World’s cost of sales also dropped by 34.2% to $18.2 million for the period due to the decline in revenue.
Best World International (SGX:CGN
) has announced earnings of $20.5 million for its 1QFY2023 ended March 31, a 26.53% y-o-y decrease compared to the $27.5 million in net profit posted in the corresponding period last year.
For the period, the company’s earnings per share also decreased to 4.71 cents per share, down from 5.21 cents per share in 1QFY2022.
