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Lower revenue, absence of fair value gain hit Fragrance full-year profit

Thursday, February 23, 2017 - 05:50

Singapore

LOWER property development revenue, plus an absence of substantial fair value gain on investment properties, weighed down results for Fragrance Group for its full financial year.

Net profit plummeted 89 per cent to S$7.5 million from the previous year, the group said in a

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