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CapitaMalls Asia Q4 profit up 17.1%

CEO says ballpark estimates suggest at least 20% growth in FY14 operating profits

CAPITAMALLS Asia (CMA) yesterday posted a 17.1 per cent jump in net profit to $216.4 million for the fourth quarter ended Dec 31 on the back of strong tenants' sales. The group is eyeing another positive year, driven by tenant sales, completions of new malls and recent acquisitions.


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