Date: 14/01/2011
OCBC Investment Research in a Jan 13 research report says: "Ezra reported a 25% y-o-y rise in revenue to US$75.9 million but saw a 28% fall in net profit to US$13.3 million in 1QFY11, as its results were impacted by lower contribution from EOC and JV companies as well as higher financial expenses arising from the group's expansion programme. |