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by Francis Chan
DEVELOPER Low Keng Huat has defied the gloom in corporate Singapore by reporting that third quarter net profits surged 245 per cent to $13 million.
Revenue for the three months to Oct 31 was $52.2 million, up from $26.4 million last year, it announced on Monday.
The nine-month numbers were equally as impressive with net profits up from $11.4 million last year to $23.4 million on the back of a 66 per cent jump in revenue to $148.1 million.
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