Noel Gifts International's (SGX:543) attributable profit to owners in the second half ended June 30 dropped to SG$1.3 million from SG$14.7 million a year earlier, according to an after-market filing with the Singapore Exchange on Tuesday.
Shares of the company were down over 2% in Wednesday trading.
Revenue jumped 12% year over year to SG$11.8 million from SG$10.5 million.