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Divestment-related gain buoys CapitaLand Q1 earnings

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Singapore developer CapitaLand posted a 35.4 per cent increase in profit after tax and minority interests (Patmi) to S$218.3 million for the first quarter ended March 31, 2016, buoyed by a divestment-related gain.

Singapore

SINGAPORE developer CapitaLand posted a 35.4 per cent increase in profit after tax and minority interests (Patmi) to S$218.3 million for the first quarter ended March 31, 2016, buoyed by a divestment-related gain.

Of the S$218.3 million, 70 per cent or S$152.8 million was

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