However, the C&C segment continued to be profitable, with segmental earnings of $10.7 million.
SINGAPORE (Feb 10): Pan United has reported earnings of $24.1 million for FY16, a marginal decrease from the earnings of $24.2 million in FY15.
For the year to December, revenue fell 12% to $704.3 million, as revenue from the concrete and cement (C&C) division fell 14% to $577.6 million, on the back of lower prices in ready mixed concrete (RMC) and cement.
