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GL Ltd's full-year profit surges 41%

Published Mon, Aug 29, 2016 · 09:50 PM

Singapore

PROPERTY group GL Ltd's full financial year results received a lift, thanks to lower administrative and income tax expenses, as well as reduced finance and net financing costs.

Net profit shot up 41 per cent to US$67.6 million from the year-ago period, the group said in a Singapore Exchange filing on Monday evening.

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