Tiong Nam Q1 earnings at RM13.19m, seeks new business opportunities


KUALA LUMPUR: Tiong Nam Logistics Holdings Bhd posted net profit of RM13.19mil in the first quarter ended June 30, 2014 and would seek new business opportunities to maintain its market share amid the more challenging climate.

It said on Monday, the earnings were 14% below the RM15.35mil posted a year ago due to lower pre-tax profit of RM19.44mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
Making the Malaysian startup pitch
The pros and cons of earned wage access
Making every load lighter
Batik, chips and tech in the fabric of society
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious

Others Also Read