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Company Briefs

Thursday, November 7, 2013 - 06:00

Tiong Woon reports 11% rise in Q1 profit TUGBOAT and barge operator Tiong Woon posted an 11 per cent increase in first-quarter net profit as it benefited from the sale of a lossmaking business. Profit for the three months to September was $4.6 million, or 0.99 cents per share.

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