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China property slowdown weighs on Yongmao's Q3

Singapore

THE China property slowdown continued to weigh on cranemaker Yongmao Holdings, which reported a net profit of 7.4 million yuan (S$1.6 million) for its third quarter ended Dec 31, 2014, down 40 per cent from 12.4 million yuan a year ago. Revenue fell 17.5 per cent to 163.8

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