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Haw Par reports 59% jump in Q1 earnings

Thursday, May 15, 2014 - 06:00

HAW PAR Corporation yesterday posted a 59 per cent increase in its first-quarter net profit to $12.2 million, due to higher operating income and gain from dilution of an associated company. The group's revenue at $38.4 million was 16 per cent higher than the $33.1 million earned last year.

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