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M1 posts 16.1% fall in FY16 net profit to $149.9 mil

PC Lee
PC Lee • 2 min read
M1 posts 16.1% fall in FY16 net profit to $149.9 mil
SINGAPORE (Jan 24): M1 Limited posted a 16.1% fall in FY16 net profit after tax to $149.9 million mainly due to lower international call and roaming revenues, as well as increased depreciation and amortisation expenses from higher fixed asset base in resp
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