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Frasers Centrepoint's net profit jumps 54%

Group CEO says the company's strategy to diversify overseas and focus on capital productivity is bearing fruit

Kalpana Rashiwala

Published Fri, Nov 6, 2015 · 09:50 PM

Singapore

FRASERS Centrepoint Ltd (FCL) has posted a 54 per cent increase in net profit to S$771.27 million for the full year ended Sept 30, 2015.

This was on the back of a 28 per cent increase in fair-value change to S$220 million and an exceptional gain of S$7.8 million in the latest financial year, compared to an exceptional loss of S$140 million in the previous year.

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Companies & Markets

Companies & Markets

Frasers Centrepoint's net profit jumps 54%

Kalpana Rashiwala

Companies & Markets

Air China to buy 100 locally made C919 jets in US$11 billion deal

HCA beats first-quarter profit estimates on higher patient admissions

F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years

LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses

Exxon misses on Q1 profit despite big gains in Guyana

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

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