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Stamford Tyres Q2 profit up 10.4%

STAMFORD Tyres on Thursday posted a 10.4 per cent increase in net profit for the fiscal second quarter as revenue rose slightly.

Net profit for the three months ended Oct 31 stood at S$1.62 million, up from S$1.47 million.

Total revenue for the period rose 2.6 per cent to S$59.9 million.

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