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Disposal gain puts Transcu in the black

Wednesday, May 28, 2014 - 06:00

TRANSCU Group reported a net profit of US$4.53 million for the financial year ended March 31, 2014, swinging into the black from a loss of US$64 million previously, as the bottom line was boosted by a US$15.9 million gain on disposal of subsidiaries. No revenue was recorded in FY14 - versus a

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