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Mapletree Investments reports 18% drop in net profit to S$1.78b

After posting highest recurring earnings of S$752m in five years, group is exploring launching more funds or Reits

Singapore

MAPLETREE Investments announced on Wednesday that its net profit for the fiscal year ended March 31, 2020 fell 18 per cent to S$1.78 billion, compared to S$2.16 billion a year earlier, on lower asset revaluation and disposal gains.

But the property-related group - which...

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