Thursday, October 31, 2013
Tuan Sing
Tuan Sing released 3Q13 results which saw net profit at $5.8m (-52%) and revenue at $54.2m (-35%) For 9M13, group revenue fell 9% to $237.0m, as both Property and Industrial Services revenue fell. Revenue from Property declined vs the corresponding period, where there was a significant contribution from Mont Timah project and a full nine-month rental income from Robinson Towers and International Factors Building.
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