Sterling profit falls by 2 % after decline in export sales

Despite seeing its overall export sales decline by $35.4 million (16%), Sterling Productions Inc recorded an after-tax profit of $94.4 million in 2010, a decrease of 2 per cent from the $96.4 million recorded in 2009.

Chairman Dr Leslie Chin, in his report in the company’s annual report said that the decrease in after-tax profit was due