The decline in 3Q18/19 earnings was mainly due to the absence of a $0.7 million refund from IRAS in 3Q17/18 for over-provision of income tax expense in the prior years.
SINGAPORE (Feb 13): Neo Group, the integrated food solutions provider, recorded 3Q18/19 earnings of $1.7 million, 17.7% lower than $2.1 million in 3Q17/18.
This brings 9M18/19 earnings to $1.5 million, 67% higher than $0.9 million in 9M17/18.
