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Shangri-La Asia FY14 bottom line hit by lower fair-value gains
Published Wed, Mar 25, 2015 · 09:50 PM
Singapore
SHANGRI-LA Asia's net profit dropped almost 54 per cent to US$180.89 million for 2014 as contributions from associates plunged in the face of lower fair-value gains from investment properties.
Full-year revenue rose from US$2.08 billion to US$2.11 billion, with net profit before non-operating items up some 36 per cent at US$8…
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