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GLP's Q1 profit down 29% at US$144.2m on lower revaluations

Singapore

GLOBAL Logistic Properties (GLP) on Tuesday posted a 28.9 per cent fall in net profit to US$144.2 million for the first quarter ended June 30, down from US$202.9 million a year ago.

The mainboard-listed provider of logistics facilities attributed the fall in net profit to

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