However, EBITDA and profit registered positive increases to HK$679 million and HK$411 million respectively, due largely to improve operating profit margin of 6.9% when compared to 3.9% a year ago.
SINGAPORE (Aug 25): Motor company Tan Chong International reported earnings for the half year ended June nearly trebled to HK$330.3 million ($57.4 million) from HK$119 million a year ago.
Revenue fell 9% to HK$8.03 billion with 16,435 units sold from HK$8.9 billion a year ago with 20,038 units sold mainly affected by a slowdown in vehicle sales volume.
