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Shangri-La Asia FY14 bottom line hit by lower fair-value gains

Thursday, March 26, 2015 - 05:50

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

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