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Lack of one-time gain drags down UOL's FY15 profit

Published Fri, Feb 26, 2016 · 09:50 PM

Singapore

A LACK of a one-off divestment gain and lower fair-value gains for its investment properties led UOL Group's net profit to fall 43 per cent to S$391.4 million for the year 2015. The property developer did not provide figures for its fourth quarter.

A year ago, it had enjoyed a one-time property development r…

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