The decrease in revenue was partially offset by a 4% y-o-y increase in revenue from the group’s ongoing business.
SINGAPORE (Jan 31): FJ Benjamin announced that its 2Q19 earnings have declined by 32% to $656,000, compared to $961,000 in 2Q18.
This came on the back of a 26% fall in turnover to $37.4 million from $50.5 million a year ago, mainly attributable to a the group’s discontinued loss-making business which has ceased operations and lower sales from its Indonesian associate who is now financing more of its purchase.
