Tan Chong International profits fall by 86.6% in 1H 2024 due to “severe drop” in Subaru sales
Singapore- and Hong Kong-based Tan Chong International (TCIL) appears to be in dire straits at the moment – the group, which owns Asia’s major Subaru distributor Motor Image, reported a whopping 86.6% drop in profits in the first half of 2024 due to …