Revenue for the quarter declined by 16.7% to US$26.0 million, compared to US$31.2 million in the previous year, mainly due to a 17.8% y-o-y drop in the group’s manufacturing segment. This was partially offset by higher contribution from the trading segment.
SINGAPORE (Feb 27): United Global reported 4Q18 earnings increased by 2.9% to US$2.62 million ($3.53 million), compared to US$2.54 million in 4Q17.
This brings FY18 earnings to US$7.60 million, 17.2% lower than US$9.17 million in FY17.
