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Sinarmas Land's Q1 profit falls 26.3% to S$28m

Singapore

A REVENUE slide for Indonesian property developer Sinarmas Land in its first quarter caused its net profit to tumble 26.3 per cent to S$28 million from the preceding year's S$38 million.

For the three months ended March 31, revenue tumbled 23.8 per cent to S$187 million

sentifi.com

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