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Frasers Centrepoint reports 90% jump in Q1 net profit

Michelle Quah
Published Thu, Feb 9, 2017 · 09:50 PM
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Singapore

INTERNATIONAL property group, Frasers Centrepoint Limited (FCL), yesterday reported a 90 per cent jump in its first-quarter net profit attributable to shareholders, on the back of a 45 per cent increase in revenue.

FCL said this was fuelled mainly by higher contributions from its Singapore strategic business unit (SBU) and its International business unit.

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