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Chip Eng Seng's Q3 profit hurt by lower property development revenues

Michelle Quah
Published Tue, Nov 8, 2016 · 09:50 PM

Singapore

CHIP Eng Seng Corporation turned in a poorer showing for the third quarter ended Sept 30, 2016, hurt by lower takings from its property development division.

The construction and property group said its revenue for the quarter fell 4.2 per cent to S$151.8 million, from S$158.4 million the year before.

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