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Revaluation gains lift Banyan's Q4 profit

Revenue down 6% as fee-based and hotel investment segments post lower sales

Nisha Ramchandani

Published Thu, Feb 26, 2015 · 09:50 PM

Singapore

LIFTED by revaluation gains from its properties in Seychelles, resort operator Banyan Tree chalked up a 13 per cent year-on-year rise in net profit to S$4.13 million for the fourth quarter ended Dec 31, 2014.

Revenue fell 6 per cent to S$91.83 million as both its fee-based and hotel investments segments recorded lower rev…

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Companies & Markets

Companies & Markets

Revaluation gains lift Banyan's Q4 profit

Nisha Ramchandani

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Blackstone reports 1% rise in Q1 earnings

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