Tat Hong Holdings, one of the world’s largest crawler crane companies, has reported a net profit of $11.6 million for the three months ended December 31, 2009 (3QFY2010), compared to $3 million in the previous corresponding period (3QFY2009).
Tat Hong says the rise was boosted by a non-recurring pre-tax gain of $4.3 million from the disposal of an equity investment but weighed down by forex losses of $21.7 million.
