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PropNex's Q1 net profit more than triples on higher property transactions

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Published Thu, May 14, 2020 · 09:50 PM

Singapore

REAL estate agency PropNex on Thursday posted S$8.2 million in net earnings for the first quarter, more than triple that of the S$2.3 million in the preceding year, boosted by property transactions carried forward and a recovery in the private home market.

Revenue gained 82.7 per cent to S$135.6 million for the quarter ended March 31.

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