Tiong Nam said that during the period, its logistics and warehousing services segment, which is the largest revenue contributor at 98.2%, delivered its best-ever revenue of RM589.9mil in FY21 compared to RM547.7mil in FY20.
PETALING JAYA: Tiong Nam Logistics
Bhd returned to the black in the fourth quarter ended March 31, driven by higher volume in the logistics and warehousing services segment.
In a filing with Bursa Malaysia, the logistics company posted a net profit of RM7.04mil in the fourth quarter compared with losses of RM4.35mil in the same quarter last year.
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