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Super Group Q1 profit down 24% on tax incentive expiry

Singapore

LOWER revenue and the expiry of a tax incentive caused instant food and beverage maker Super Group to report a net profit of S$13.6 million for its first quarter ended March 31, 2015, down 24 per cent from S$17.8 million a year ago.

Revenue dipped 2 per cent to S$121.7