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Wing Tai Q1 profit down 66%

Singapore

WING Tai Holdings reported a net profit of $24.5 million for the first quarter ended Sept 30, 2013, down 66 per cent. Revenue slid 10 per cent to $222.8 million.

Earnings per share worked out to 3.12 cents, down from 9.21 cents in the corresponding quarter last year....

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