SGX Tips : Triyards posts 24% fall in 3Q earnings to US$4.1 mil

SINGAPORE (July 8): Triyards Holdings, the subsidiary of Ezra Holdings that operates yards, posted a 24% fall in earnings for the 3Q16 ended May due to US$4.12 million ($5.6 million) on lower gross profit margins from a different mix of projects.

Revenue rose 28% to US$82 million, lifted by contributions from self-elevating units, multi-purpose support vessels and chemical tankers.

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