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Farglory Land Reports Q1 Profit of NT$1.4 Billion

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Farglory Land Development (TPE:5522) posted a net profit attributable to owners of NT$1.38 billion in the first quarter, or NT$1.76 per basic share, according to a Wednesday disclosure on the Taiwan Exchange.

Shares slid nearly 1% in Thursday's late morning trade.

The property developer did not provide comparative year-ago figures.

Operating revenue amounted to NT$5.66 billion, it said.

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