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Tat Hong's Q2 results show signs of stabilisation

Published Fri, Nov 13, 2015 · 09:50 PM

Singapore

EARNINGS at crane rental company Tat Hong Holdings have stabilised somewhat as cost cutting measures took effect and the percentage of cranes rented out improved slightly in recent months.

The company reported a net profit of S$4.4 million for its second quarter ended Sept 30, 2015, down 62 per cent from S$11.5 million a year ago.

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