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Transit-Mixed Concrete full-year profit up 59%

Transit-Mixed Concrete on Monday said full-year net profit rose 59 per cent on higher margins.

Net profit for the 12 months ended February 28 stood at S$5.36 million, up from S$3.38 million a year ago.

Gross profit rose 40 per cent to S$8.28 million, as gains in revenue outpaced that in costs.

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