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Last $0.08 SGD
Change Today +0.012 / 18.46%
Volume 1.5K
HTONG On Other Exchanges
As of 4:34 AM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

hiap tong corp ltd (HTONG) Snapshot

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09/15/14 - $0.18
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08/31/15 - $0.06
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hiap tong corp ltd (HTONG) Details

Hiap Tong Corporation Ltd., together with its subsidiaries, provides hydraulic lifting and haulage services to marine, petrochemical, and construction industries in Singapore, Malaysia, and the People's Republic of China. It rents cranes, prime movers, and heavy machinery and equipment, as well as trades in cranes and heavy equipment. The company offers heavy lift equipment, which include rough terrain cranes, mobile truck cranes, all terrain cranes, telescopic crawler cranes, crawler cranes, and mobile tower crane; and haulage equipment comprising trailers, prime movers, and lorry cranes. As of March 31, 2015, its fleet consisted of 123 cranes and 168 units of haulage equipment. The company was founded in 1978 and is based in Singapore. Hiap Tong Corporation Ltd. is a subsidiary of Tembusu Asia Holdings Pte. Ltd.

Founded in 1978

hiap tong corp ltd (HTONG) Top Compensated Officers

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hiap tong corp ltd (HTONG) Key Developments

Hiap Tong Corporation Ltd., Annual General Meeting, Jul 23, 2015

Hiap Tong Corporation Ltd., Annual General Meeting, Jul 23, 2015., at 15:00 Singapore Standard Time. Location: SAFRA Jurong Club, Evergreen Room 4 (Level 3), 333 Boon Lay Way. Agenda: To receive and adopt the directors’ report and the audited financial statements for the financial year ended March 31, 2015 together with the Auditors' Report thereon; to approve the payment of Directors’ fees; to re-elect Directors; to re-appoint KPMG LLP, Public Accountants and Chartered Accountants, Singapore and to authorize the Directors to ?x the auditors’ remuneration; to transact any other ordinary business which may be properly transacted at an Annual General Meeting; and to allot and issue new shares in the capital of the company.

Hiap Tong Corporation Ltd. Announces Unaudited Consolidated Earnings Results for the Second Half and Full Year Ended March 31, 2015

Hiap Tong Corporation Ltd. announced unaudited consolidated earnings results for the second half and full year ended March 31, 2015. For the year, revenue was SGD 38,330,000 against SGD 45,726,000 a year ago. Results from operating activities were SGD 4,995,000 against SGD 8,370,000 a year ago. Profit before income tax was SGD 2,473,000 against SGD 5,664,000 a year ago. Profit attributable to owners of the company was SGD 2,185,000 or 0.71 cents per basic and diluted share against SGD 3,935,000 or 1.33 cents per basic and diluted share a year ago. Net cash from operating activities were SGD 14,570,000 against SGD 15,911,000 a year ago. Purchase of property, plant and equipment was SGD 552,000 against SGD 21,581,000 a year ago. For the second half, revenue was SGD 19,780,000 against SGD 21,125,000 a year ago. Profit after tax was SGD 729,000 against SGD 1,028,000 a year ago.

Hiap Tong Corporation Ltd. Reports Unaudited Group Earnings Results for the Six Months Ended September 30, 2014

Hiap Tong Corporation Ltd. reported unaudited group earnings results for the six months ended September 30, 2014. For the quarter, the company reported revenue of SGD 18,550,000, profit from operating activities was SGD 2,008,000, profit before income tax was SGD 1,115,000, net profit of SGD 858,000, net profit attributable to owners was SGD 923,000 or 0.30 cents per diluted share, net cash from operating activities was SGD 7,022,000, and purchase of property, plant and equipment was SGD 353,000 against revenue of SGD 24,601,000, profit from operating activities was SGD 5,621,000, profit before income tax was SGD 3,470,000, net profit of SGD 2,691,000, net profit attributable to owners was SGD 2,780,000 or 0.98 cents per diluted share, net cash from operating activities was SGD 7,267,000, and purchase of property, plant and equipment was SGD 4,601,000 a year ago. The decrease in revenue was mainly attributed to a decrease in its leasing income during the period. The net cash from operating activities decreased by approximately SGD 200,000 as compared to half year of 2014 due to lower operating profit before working capital changes of approximately SGD 3,700,000, offset by increase in working capital inflows by approximately SGD 3,500,000.


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