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Raffles Education swings back into the black in FY18 on higher net fair value gain

PC Lee
PC Lee • 2 min read
Raffles Education swings back into the black in FY18 on higher net fair value gain
SINGAPORE (Aug 29): Raffles Education Corporation swung back into profitability in FY18 ended June with $10.7 million in earnings from a net loss of $1.8 million in FY17, thanks to a net fair value gain from its investment properties.
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