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GLP posts 52% jump in Q2 net profit

The better performance was spurred by growth in fund management business in Japan and the US

Anita Gabriel
Published Tue, Nov 8, 2016 · 09:50 PM
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GLOBAL Logistic Properties (GLP) has reported a 52 per cent jump in second-quarter net profit to US$173 million, from US$114 million a year ago, spurred by the growth of its fund management platform in Japan and the US.

The leading logistics provider posted a 13 per cent improv…

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