Tiong Woon Corp reported FY20 earnings of $7.5 million, up 159% from FY19’s earnings of $2.9 million.

Earnings per share (EPS) for the FY20 ended June stood at 3.26 cents from the 1.27 cents in FY19.

Revenue grew 6% y-o-y to $124.7 million due to an increase in the company’s marine transportation and trading segments.

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