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Tat Hong Q1 profit down
CRANE supplier Tat Hong Holdings reported a 28 per cent fall in net profit, to S$5.96 million from S$8.24 million last year, for its first quarter ended June 30. Revenue fell 6 per cent to S$164 million.
The company managed to reduce operating expenses by 7.6 per cent to S$48.4 million.
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