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Metro posts Q4 earnings of S$34.2m

Surge comes largely from associate's tax-provision write-back, sharp fall in general and admin expenses, and absence of impairment


PROPERTY and retail group Metro Holdings' fourth-quarter bottom line swelled to S$34.2 million, from just S$1.2 million a year ago, despite a small rise in revenue and poorer gross margins.

Associates were a key contributor for the three months ended March 31, 2017, with...

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