Net Profit Up For Stamford Tyres

Shares in Singapore-based Stamford Tyres rose by over 13 per cent on news that the company’s net profit had risen from S$ 2.75 million (1.39 m Euros) last year to S$ 8.

18 million (4.12 m Euros) for the latest fiscal year. This comes at a time when the Singaporean economy shrank by 11.