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CapitaLand Q1 profit down 19% on absence of one-time gain
Published Mon, Apr 30, 2018 · 09:50 PM
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Singapore
EARNINGS for CapitaLand, one of the largest real estate companies in Asia, fell in the first quarter despite a rise in revenue, due to the absence of a one-time gain.
Net profit for the three months ended March 31 fell 18.8 per cent to S$319.09 million.
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