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Tiong Woon's Q3 earnings dip to $3.87m on weaker sales

TIONG Woon Corporation yesterday posted a one per cent dip in earnings for the third quarter on weaker sales. Net profit for the three months ended March 31, 2014, stood at $3.87 million, down from $3.92 million the same quarter a year ago. Earnings were 0.83 cent per share, against 0.84 cent a