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Raffles Infrastructure back in the black

With its profit turnaround this year, the group plans to apply to the SGX to be dropped from the bourse's watch list


RAFFLES Infrastructure Holdings, formerly known as China Fibretech, is back in the black, with a net profit of 32.6 million yuan (S$6.3 million) over 18 months. This is a reversal from a loss of 3.1 million yuan for the 12 months to Dec 31, 2017. 

The watch-listed company...

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