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F&N posts Q1 earnings of S$35.2 million

Singapore

FRASER and Neave (F&N) on Thursday posted a net profit of S$35.2 million (including exceptional items) for the first quarter ended Dec 31, 2014 (Q1 2015), falling 77.6 per cent from S$156.8 million a year ago.

The sharp fall in profit attributable to shareholders was