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Wing Tai's profits for Q4, full year take big tumble

Results hit by absence of a one-off gain from sale of subsidiary, lower contribution from Wing Tai Properties in HK


REGIONAL property and lifestyle group Wing Tai Holdings turned in a substantially weaker profit in its fiscal fourth quarter and full year, mainly due to the absence of one-off gains recorded the year before.

Net profit for the three months ended June 30 fell 86 per cent...

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