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Boustead Projects' Q4 profit falls 59% on absence of one-off gain

Published Fri, May 18, 2018 · 09:50 PM

Singapore

MAINBOARD-LISTED Boustead Projects booked a 59 per cent slide in its fiscal fourth-quarter profit to S$5.81 million on the absence of a one-off gain a year earlier.

The one-off gains in Q4 2017 stemmed from compensation for AusGroup's early lease termination at its 36 Tuas Road property and the sale of Boustead Project's interest in TripleOne Somerset.

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