Frasers Property posts 9.5% rise in Q1 net profit of S$159.4m

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Frasers Property posts 9.5% rise in Q1 net profit of S$159.4m.

These gains were largely due to contributions from development projects in China, as well as the step-up acquisition of Golden Land Property Development Public Company in Thailand.

Some of the gains were partially offset by lower contributions from development projects in Australia, however.

 

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