Allgreen

Allgreen Q3 net profit more than doubles to S$74m on higher property sales

Mainboard-listed Allgreen Properties said its third quarter net earnings more than doubled from a year ago to S$74 million. The developer's revenue for the three months ended September surged 159 per cent to some S$293 million. Allgreen said the strong earnings were mainly due to higher contribution from its property development segment. The two main projects that contributed to higher sales in the...

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