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SUTL Enterprise Q4 earnings drop 17% on higher expenses; to pay 2 Singapore cents/share

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MARINA developer SUTL Enterprise Limited has recorded a fourth-quarter net profit of S$3.6 million for the three months ended Dec 31, 2018, down 17 per cent from a restated net profit of S$4.4 million the year prior. This was attributed to higher overall expenses, the company said in a regulatory filing on Thursday. Read more at The Business Times.

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