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Thakral Corp ekes out small profit in Q1

Published on May 12, 2014 9:43 PM

SINGAPORE - Thakral Corporation has crawled back into the black, with a first quarter net profit of $172,000.

It had lost $211,000 in the same period last year.

The trading and property group doubled its revenue for the three months to March 31 to $179.5 million from $88.9 million previously.

Revenue from the investment division rose by 51 per cent to $3.4 million.

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