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ARA's Q4 profit up on higher management fees, lower expenses

Published Thu, Feb 4, 2016 · 09:50 PM

Singapore

REIT manager ARA Asset Management on Thursday said net profit for the fourth quarter rose 41 per cent, mainly on higher management fees and finance income, as well as lower expenses.

Net profit for the three months ended Dec 31, 2015 stood at S$25.6 million, compared to S$18.2 million a year ago…

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Companies & Markets

Companies & Markets

ARA's Q4 profit up on higher management fees, lower expenses

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Valuations for office Reits lag counterparts, but re-rating may face uncertainty

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