Construction and engineering services provider Civmec saw profits slide 51.3% in the first six months of the financial year.
Civmec posted a profit of just under S$6.6 million (US$4.6 million) for the six months to 31 December, falling from a profit of nearly S$13.5 million over the same period a year earlier.
This came as revenues over the six-month period fell from S$235.4