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Tax writeback boosts Global Premium's Q4
Published Fri, Jan 30, 2015 · 09:50 PM
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Singapore
GLOBAL Premium Hotels undid previous years' over-provisioning for taxes in the fourth quarter, helping the hotel developer to post a 61 per cent gain in net profit despite a slowdown at an operational level.
Global Premium, which runs the Fragrance chain of economy hotels, reported net pr…
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