Haw Par Corporation Limited is a Singapore-based company involved in healthcare, leisure products, property and investment. It is the company responsible for the Tiger Balm ointment, and Kwan Loong medicated oil.
Haw Par Corporation’s FY2020 revenue more than halved y-o-y as a result of the Covid-19 pandemic, falling 54.5% y-o-y to $111.0 million for the year ended Dec 31, 2020.
Meanwhile, the group’s profit after tax fell 34.3% y-o-y to $119.7 million from $182.2 million.
