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Sinarmas Land's Q4 net profit dives 75%
Published Tue, Feb 26, 2019 · 09:50 PM
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Singapore
SINARMAS Land's Q4 net profit plummeted 74.9 per cent to S$58.6 million from the preceding year, the group said in a Singapore Exchange filing on Tuesday.
It attributed the fall to the absence of land sales for its Indonesia division and a one-off gain from the divestment of Orchard Towers by its international division in the preceding year.
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