Overview 16/5/2014 closing price: $0.235 -4.08%, XD of $0.006/share Revenue down due to business slowdown and lower margin projects. Overheads cost increased while staff expenses decreased. Secured orders for 1Q14 at S$54.3 million with total order book of S$316 million. Revenue 1Q14: Revenue decreased 12.4% to S$71.8 million (vs. 1Q13). Specialist Civil Engineering revenue decreased 22.1% y-o-y to S$28.5 million in 1Q14 (vs. S$36.5 million in 1Q13). Structural Steelworks revenue decreased 4.5% to S$43.3 million in 1Q14 (vs. S$45.4 million in 1Q13). Staff expenses decreased by 28.7% to S$4.4 million Earnings and Dividends 1Q14: Net loss after tax of S$1.9 million (vs. net profit of S$11.5 million 1Q13). Contributions from ongoing projects in 1Q14 were lower than projects that had higher margin in 1Q13. Higher fixed production and project overheads due ......