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Second Chance posts 15% rise in Q1 earnings

Securities business helps offset drop in gold and apparel

PROPERTY and retail group Second Chance Properties (SCP) posted a 15 per cent year-on-year increase in net profit to $3.85 million for the first quarter ended Nov 30, 2013.

The improved bottom line came on the back of a strong showing in its securities business, which helped offset lower...

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