The Regency

UOL posts 134% jump in full-year profit to record S$759m

Property developer United Overseas Land (UOL) has more than doubled its profit for 2007, helped by a S$590.5 million gain from investment properties. Net earnings jumped 134 percent to a record S$759 million, boosted by higher income from property development, quoted investments, property investments and hotel operations. Revenue rose 18 percent to S$709 million. The group benefited from the progressive...

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