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GuocoLand Q2 profit plunges 83.6% to S$10.9m

Lower sales of completed residential units cited


DEVELOPER GuocoLand's net profit for the second-quarter ended Dec 31, 2018, sharply decreased 83.6 per cent to S$10.9 million, due to both the completion of a residential project in the previous corresponding quarter and lower sales of completed residential units.


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