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Commodity marketing segment boosts CWT's Q3 bottom line

Published Thu, Nov 6, 2014 · 09:50 PM

Singapore

COMMODITY logistics group CWT Ltd on Thursday posted a 70 per cent surge in net profit for the third quarter on stronger revenue.

Net profit for the three months ended Sept 30, 2014, stood at S$32.5 million, up from S$19.1 million a year ago. This translated to earnings of 5.41 Singapore cents per share, compared with 3.18 Singapore cents per share a year ago.

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