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via EdgeSingapore RSS on 7/22/09
Keppel Land, the property developer partly owned by the world's largest builder of oil rigs, said second-quarter profit rose 10% on higher home sales and rental income from office buildings.
Net income increased to $58.2 million, or 5 cents a share, in the three months ended June 30, from $52.7 million, or 5.2 cents, a year earlier, the company said in a statement distributed at a briefing today. Revenue rose 34 % to $249.9 million.
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