date:Feb 17, 2014
to generate that volume is not attractive and we have better options, said Verghese.
For the first half of the financial year, the company managed a 5.4 percent gain in earnings before interest, tax, depreciation and amortisation (EBITDA), a gauge of profitability excluding the effects of financing and accounting decisions. But a 31.8 percent jump in depreciation and amortisation charges pushed core profit down 8.5 percent.
The high depreciation and amortisation charges were caused by a S$1 b