Sinostar PEC's (SGX:C9Q) attributable profit to equity holders declined during the first quarter of the year to 45.1 million yuan from 64.5 million yuan a year earlier, according to a filing with the Singapore Exchange on Monday.

Earnings per share dropped to 0.047 yuan compared with 0.1008 yuan in the comparable period.

Revenue declined 11% year over year to 1.31 billion yuan from 1.47 billion yuan.