Tiong Woon

The higher revenue is mainly due to the increase in contributions from the heavy lift and haulage segment.

CGS-CIMB, in an unrated report, thinks the company stands a good chance of taking part in the Hengyi project.

The company plans to pay a final dividend of 0.35 cent per share, plus a special dividend of 0.15 cent.

Tiong Woon posts 30% growth in FY2021 earnings to $9.9 mil; declares 0.4 cent dividend.

SINGAPORE (Mar 8): CIMB likes integrated heavy lift specialist Tiong Woon Corp for its proven track record of more than 35 years.

SINGAPORE (Feb 9): Tiong Woon Corporation Holding swung back into the black in 2Q17 after reporting earnings of $1.8 million for the quarter, a turnaround from the net loss of $67,000 in 2Q16.

SINGAPORE (Aug 19): OCBC Investment Research is maintaining its “hold” rating on crane and heavy equipment supplier Tat Hong Holdings, with a slightly lower fair value of 54 cents from 55 cents previously.  

SINGAPORE (May 11): Heavy lift specialist Tiong Woon Corp sunk into a 3Q16 loss of $0.2 million from earnings of $2.3 million in 3Q15 on higher finance expenses and higher other losses.