Sinostar PEC (SGX:C9Q) booked an attributable loss of 40.6 million yuan in the third quarter, compared to an attributable profit of 18.9 million yuan a year earlier, according to an after-market filing with the Singapore Exchange on Friday.
Loss per share stood at 0.0423 yuan, versus earnings per share of 0.0295 yuan in the comparable period.
Revenue declined 40% year over year to 677.2 million yuan from 1.13 billion yuan, mainly due to a decline in logistics and product margin and a planned maintenance, which halted production.