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Frasers Property first-quarter earnings up 9.5% to S$159m

But the group flags the virus outbreak and fires in Australia as pressure points on its business

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Group CEO Sirivadhanabhakdi says the results "reflect our focus on scalable business platforms".

Singapore

FRASERS Property on Friday saw first-quarter net profit rise 9.5 per cent to S$159.4 million, lifted by improved revenue.

But looking ahead, the group also identified two key situations - the coronavirus outbreak and the bushfires in Australia - that may have some impact...