Consequently, gross profit fell 16% to $3.4 million, from $4.0 million a year ago.
SINGAPORE (Nov 8): Jadason Enterprises saw its earnings for the 3Q ended September fall 19% to $1.0 million, from $1.3 million a year ago.
This was partially due to a writeback of allowance for inventory obsolescence of $0.4 million, which was included into cost of sales.
