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Hong Leong Asia's 2014 profit drops 40.9%
HONG Leong Asia (HLA), the trade and industrial arm of the Hong Leong Group, reported a 40.9 per cent slump in net profit from S$45.6 million a year ago to S$26.9 million for its full year ended Dec 31, 2014.
The lower net profit was mainly due to higher losses incurred
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