The Trendlines Net Attributable Profit Plummets 64% in H1

MT Newswires08-08

The Trendlines' (SGX:42T) net attributable profit to equity holders in H1 plummeted 64% year over year to $1.6 million from $4.5 million, according to a filing with the Singapore Exchange on Wednesday.

EPS came in at $0.0017 during the period, compared with $0.0052 in the comparable period.

Total income was down 49% year-over-year to $6.4 million from $12.4 million, due to a decrease in income from contracted R&D services and portfolio companies.

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