Despite this, revenue from Nico branded materials accounted for 18% of the group’s total revenue compared to 10.4% a year ago.
SINGAPORE (April 25): Nico Steel recorded a 37% fall in FY17 earnings to US$1.9 million ($2.7 million) from a year ago.
Revenue from continuing operations fell 31% to US$13.3 million due to lower market demand.

