Frencken Group's (SGX:E28) profit attributable to equity holders was down 50% to SG$18.1 million in the first half of the year, from SG$12.1 million a year ago, a filing with the Singapore Exchange said on Wednesday.
Earnings per share came in at SG$0.0424 per share from SG$0.0282 per share in the year-ago period.
Revenue for the period rose 6% year over year to SG$372.7 million from SG$351.0 million.
Shares of the company were down nearly 3% in recent trading.
Price (SGD): S$1.35, Change: S$-0.04, Percent Change: -2.88%
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