The group’s revenue also increased by 5% to $78.8m.
Tiong Woon Corporation Holding (TWC) recorded a year-on-year net profit increase of 12% to $12.1m in the first half financial year 2025 ended 31 December 2024.
The group’s revenue also increased by 5% to $78.8m due to the increase in contributions from the Heavy Lift and Haulage and Trading segments.
Heavy Lift and Haulage segment external revenue increased by 5% to $76.9m as TWC undertook more heavy lift and installation projects in Malaysia, the Middle East, Singapore, and Indonesia.
Meanwhile, the Trading segment's external revenue increased by 80% to $1m due to more equipment sold.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。