Full-year revenue fell 2.7% to $57.1 million in FY17, from $58.7 million a year ago.
SINGAPORE (Sept 28): Khong Guan, the flour miller and manufacturer of biscuits, saw FY17 earnings ended July surge to $1.3 million from $58,000 a year ago.
This was mainly due to an 8.0% decrease to $47.8 million in expenses from the purchases of inventories in FY17. This was $4.1 million lower than the $51.9 million for purchases of inventories in FY16.
