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Sim Lian Q1 profit down 26% at $27.7m

Tuesday, November 12, 2013 - 06:00

A DROP in revenue from its property development unit led Sim Lian Group to a 26 per cent fall in first quarter net profit to $27.7 million from $37.2 million a year ago. The property and construction group's earnings per share were 2.8 cents, compared with four cents a year earlier. Revenue for

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