Tiong Woon Corporation Holding Ltd (SG:BQM) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Tiong Woon Corporation Holding Ltd, a prominent integrated heavy lift specialist, has reported a revenue increase to $143.1 million in FY2024, which is a 5% jump from the previous year, thanks mainly to its Heavy Lift and Haulage segment. The company’s net profit attributable to equity holders rose by 16% to $18.2 million, while also proposing a 50% dividend increase to 1.5 cents per share, reflecting a solid financial performance and a robust cash position.
For further insights into SG:BQM stock, check out TipRanks’ Stock Analysis page.