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Tiger Balm soothes Haw Par's pains in leisure, property

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The maker of Tiger Balm products posted a 10.6 per cent rise in Q1 net profit to S$13.5 million.

Singapore

HAW Par Corp's first-quarter net profit rose 10.6 per cent to S$13.5 million as an invigorating Tiger Balm business alleviated weakness in leisure and property, the conglomerate announced on Thursday.

Haw Par's per-share net profit was 6.1 Singapore cents for the three