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Keppel Land lifts Q2 profit despite falling sales

S$107m earnings helped by fund mgt business and some China projects

DESPITE headwinds in the residential markets of Singapore and China, Keppel Land still racked up a decent 12.2 per cent rise in net profit to S$107.2 million for the second quarter ended June 30. This was mainly bolstered by its fund-management business Alpha Investments, profit from some