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OKP Q1 profit tumbles 55% on high costs

OKP Holdings posted a 55.1 per cent decline in net profit to $1.07 million for the first quarter ended March 31, 2014, despite a 13.7 per cent increase in turnover.Turnover at the infrastructure and civil engineering company rose to $30.21 million from a year ago. However, cost of works jumped

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