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In brief

Published Wed, Apr 8, 2015 · 09:50 PM
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Guocoland doubles earnings

GUOCOLAND'S earnings more than doubled in the third quarter ended March 31, as its cost of sales rose by a slower pace than its revenue. The firm recorded a net profit of S$49.5 million, up from S$21.5 million a year ago. This translated to earnings per share of 4.24 cents, compared with 1.72 cents in Q3 last year. Its revenue increased 21 per cent to S$325.9 million.

Noble's US$2.25b facility

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