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First Sponsor's Q3 profit up 13.9%, revenue down 21.4%

First Sponsor says that all 7,302 residential units and 297 out of 371 commercial units within the residential development of the Millennium Waterfront project in Chengdu have been sold to date.


ROBUST sales from developer First Sponsor's China projects in Chengdu and Dongguan, and higher contribution from the higher-yielding property financing business raised net profit for the third quarter by 13.9 per cent to S$22.02 million from the...

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