Meanwhile, gross profit gained 27% y-o-y to $38.5 million and gross profit margin improved by 4.4 percentage points to 42.9%, compared against 38.5% a year ago.
Tiong Woon Corporation Holding (SGX:BQM
) (Tiong Woon) has reported earnings of $13.6 million for 1HFY2026 ended Dec 31, 2025, an increase of 13% y-o-y.
Revenue for 1HFY2026 grew by 14% y-o-y to $89.7 million. The increase in revenue was mainly attributable to higher contribution from its heavy lift and haulage and marine transportation segments.
