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UIC's Q1 net profit up 39% on property sales, SingLand privatisation

Saturday, April 25, 2015 - 05:50

Singapore

UNITED Industrial Corp's (UIC) net profit rose 39 per cent in the first quarter on the back of higher property sale recognition and a larger share of recently privatised Singapore Land.

The property developer said net profit grew to S$60.8 million, or 4.4 Singapore cents

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