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Higher cost of sales stagnates Vallianz Q3 profit

Mr Ling Yong Wah, CEO of Vallianz Holdings.


A SHARP hike in cost of sales more than offset higher revenue for Vallianz Holdings in the third quarter, resulting in flat net attributable profit.

Net attributable profit to owners, preference shares and capital securities holders was US$4.9 million, compared to US$4.8