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ARA Asset's Q4 profit up 25% at $22.1m

Friday, February 21, 2014 - 06:00

ARA Asset Management saw net profit for the fourth quarter ended December jump 25 per cent from $17.69 million to $22.13 million on the back of revenue rising 19 per cent to $43.83 million. This was boosted by its acquisition, divestment and performance fees which increased to $11.8 million from

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