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Tuan Sing Q2 profit drops 24%, revenue down 31%

It is upbeat on achieving better FY14 operational performance

DRAGGED by slower recognition of residential sales, Tuan Sing Holdings posted a 24 per cent decline in net profit for the second quarter ended June 30 to S$11.6 million.

Revenue for the quarter dropped 31 per cent from a year before to S$81.6 million over the same period, given slower...

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