Revenue for the quarter fell 13% to $83.3 million from $96.1 million previously, mainly due to lower sales of residential development projects and a decrease of revenue from the hotels business.
SINGAPORE (Jan 31): Tuan Sing Holdings reported earnings of $119.5 million for 4Q18, rising 140% from $49.8 million a year ago on higher fair value gains.
The latest set of quarterly results brings Tuan Sing’s FY18 earnings to a total of $134.4 million, up 115% from $62.6 million in the previous year.
