Asia
Sinostar's Attributable Profit Jumps 54% in Q1
Sinostar PEC's (SGX:C9Q) net profit attributable to equity holders in the first quarter of the year surged 54% to 69.5 million yuan from 45.1 million yuan a year earlier, according to a Tuesday filing with the Singapore Exchange.Shares of the producer and supplier of downstream petrochemical products were up nearly 7% in Wednesday trading.Earnings per share came in at 0.0724 yuan compared with 0.047 yuan in the year-ago period.Revenue declined 11% year over year to 1.17 billion yuan from 1.31 billion yuan.
SGX:C9Q
