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Corporate digest

Published Fri, Aug 12, 2016 · 09:50 PM

The Straits Trading Co

THE Straits Trading Company pulled itself out of the red with a net profit of S$5.79 million for the second quarter ended June 30, versus a net loss of S$1.14 million a year ago.

The bottom line was strengthened by higher revenue, fair value changes in financial assets and lower costs of tin mining and smelting.

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