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UOL's Q1 net profit falls 39 per cent in the absence of one-off gain

BotaniqueatBartley150513.jpg
Artist's impression of UOL Group’s upcoming development, Botanique at Bartley, a 797-unit residential project at Upper Paya Lebar Road. UOL Group's net profit for the first quarter ended March 31 slid 39 per cent to S$74.2 million due to the effect of a one-off gain from the sale of land at Jalan Conlay, Malaysia, in the year-ago comparison period.

Singapore

UOL Group's net profit for the first quarter ended March 31 slid 39 per cent to S$74.2 million due to the effect of a one-off gain from the sale of land at Jalan Conlay, Malaysia, in the year-ago comparison period.

Excluding the impact from the sale of land, its first-

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