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.

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