Revenue for the quarter remained relatively steady at $122.9 million, down by 1% from $121.5 million a year ago.
SINGAPORE (Feb 13): Tat Hong Holdings reported its third straight FY18 quarter in the red with a loss of $2.3 million compared to the $1.2 million profit in 3Q17.
In its results announcement on Tuesday, the group attributed its loss to the weak performance of its distribution division in Asean; lower gross profit in the crane rental division; lower operating income; foreign exchange (forex) losses; as well as lower share of profit from associates and joint ventures (JVs).
