Tiong Woon Reports Higher Attributable Profit in Fiscal H1

MT Newswires

2025/02/18

Tiong Woon's (SGX:BQM) attributable profit to equity holders rose 12% in the fiscal half ended Dec. 31, 2024, to SG$12.1 million from SG$10.8 million a year earlier, according to a filing with the Singapore Exchange on Friday.

Earnings per share rose to SG$0.052 compared with SG$0.0465 in the comparable period.

Revenue was up 5% year over year to SG$78.8 million from SG$75.3 million, driven by increased revenue from the heavy lift and haulage segment.

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