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CapitaLand's Q3 profit falls amid lower margin

CEO says integrated and mixed developments to be focus going forward

DESPITE a surge in revenue in the third quarter, CapitaLand saw net profit fall 8.7 per cent to $135.5 million, from $148.5 million a year ago. This works out to an earnings per share of 3.2 cents, compared with 3.5 cents from last year. Revenue jumped 52.5 per cent year-on-year to $1.05 billion