Tiong Woon's Attributable Profit Rises 13% in Fiscal H1

MT Newswires

02/16

Tiong Woon's (SGX:BQM) attributable profit to equity holders rose 13% during the fiscal first half ended Dec. 31, 2025, to SG$13.6 million from SG$12.1 million a year earlier, according to a Friday filing with the Singapore Exchange.

Shares of the integrated heavy lift and haulage service provider were 3% higher at the close of trading on Monday.

Earnings per share inched up to SG$0.0589 compared with SG$0.052 in the year-ago period.

Revenue jumped 14% year over year to SG$89.7 million from SG$78.8 million, backed by increased revenue from the heavy lift and haulage and marine transportation segments.

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