‘Tower Crane Giant’ Tat Hong Stretched by Rising Labor Costs
The construction equipment provider’s profit fell in its latest reporting period, stretched by rising labor costs, but its current large-scale contracts are reason for optimism.
This article only represents the author's own views.
The term "tower crane" may be unfamiliar to most. The term refers to a fully rotating jib crane with a "tower structure” that can move building materials quickly in rising, traversing and criss-