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3 months ago
BRIEF-China Fortune Land Development's Q1 net profit up, unit signs MOU with Brunei firm
April 28, 2017 / 1:49 AM / 3 months ago

BRIEF-China Fortune Land Development's Q1 net profit up, unit signs MOU with Brunei firm

1 Min Read

April 28 (Reuters) - China Fortune Land Development Co Ltd

* Says its Q1 net profit up 35.1 percent y/y at 1.8 billion yuan ($261.04 million)

* Says its Singapore unit CFLD (Singapore) Investment Pte Ltd signs MOU with Brunei's government, Darussalam Assets Sdn Bhd on economic zone project

* Says it plans to set up unit in Brunei

Source text in Chinese: bit.ly/2oC2NEF; bit.ly/2prTpTc

Further company coverage:

$1 = 6.8956 Chinese yuan renminbi Reporting by Hong Kong newsroom

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