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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Singapore investment firm Temasek’s net profit down 15.4pct

Posted on 06 July 2012

Singapore’s state-linked investment firm Temasek Holdings said Thursday its net profit in the last fiscal year fell 15.4 percent to SG$11 billion (US$8.7 billion) amid a slower global economy.
However, Temasek said the net value of its worldwide portfolio went up 2.6 percent to SG$198 billion in the year ended March 31 from the previous financial year. Temasek said it invested a total of SG$22 billion during the year and divested SG$15 billion………………………………………..Full Article: Source


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