Koufu Group Limited Announces Unaudited Group Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018; Reports Write Off of Property, Plant and Equipment for the Third Quarter of 2018
For the nine months, the company reported revenue of SGD 166.8 million against SGD 162.52 million a year ago. Results from operating activities were SGD 20.1 million against SGD 22.4 million a year ago. Profit before tax was SGD 20.3 million against SGD 23.5 million a year ago. Profit for the period was SGD 16.95 million against SGD 19.61 million a year ago. Basic and fully diluted EPS was 3.38 cents against 4.06 cents a year ago. Profit before tax was SGD 20,294,000 against SGD 23,480,000 a year ago.
For the third quarter of 2018, the company reported write off of property, plant and equipment of SGD 136,000.