World Precision Machinery (SGX:B49) booked an attributable profit of 949,000 yuan during the quarter ended March 31, against an attributable loss of 607,000 yuan a year earlier, according to a Tuesday filing with the Singapore Exchange.
Earnings per share came in at 0.000024 yuan compared with a loss per share of 0.000016 yuan in the year-ago period.
Revenue declined 0.9% year over year to 183.5 million yuan from 185.2 million yuan, as sales of conventional stamping machines decreased by 14%.