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Challenger's Q3 profit down 50% on impairment charge, weak retail sales

Wednesday, November 2, 2016 - 05:50

Singapore

CHALLENGER Technologies warned that the business environment would be difficult in the near term as its net profit for Q3 ended Sept 30, 2016, halved year-on-year to S$1.75 million, due to a S$1.16 million impairment charge and weaker retail sales.

The impairment

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