OSSIA International reported net profit attributable to owners of S$3.92 million for the year ended March 31, down 7.8 per cent from the previous year's figure of S$4.16 million, in a results release on Monday night.
This came as revenue fell 18.4 per cent to S$23.95 million from the previous year's restated figure of S$29.37 million. Ossia said the decline in sales was due mainly to the disposal of business and end of operations in Malaysia.Ossia has proposed a final dividend of 0.17 Singapore cent per share."The retail climate conditions in the region that we operate remain challenging.
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