The increase was mainly due to increase in revenue from customers in the Energy sector, partly offset by a decrease in revenue from the Marine and the Trading sectors.
SINGAPORE (Feb 6): Piping system components distributor CosmoSteel Holdings posts a net loss of $2.7 million for the 1Q ended December, sinking deeper from a net loss of $0.9 million a year ago.
Revenue rose 24.6% to $18.5 million in 1Q18, from $14.8 million a year ago.
