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Wing Tai's Q1 net profit more than triples to S$6.8m

This is due to a 20% fall in cost of sales and higher profits from associates, joint ventures

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Wing Tai made an operating profit of S$7.6 million for the three months to Sept 30, mainly due to the contribution from Le Nouvel Ardmore.

Singapore

WING Tai Holdings' net profit more than tripled to S$6.8 million for the first quarter ended Sept 30, thanks to a 20 per cent reduction in the cost of sales and higher profits from associates and joint ventures.

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