SINGAPORE, Oct 31 (Reuters) - Southeast Asia's largest developer CapitaLand (CATL.SI: Quote, Profile, Research, Stock Buzz) posted on Friday a 26 percent fall in third quarter net profit due to lower apartment sales.
CapitaLand, which is 40 percent held by Singapore sovereign fund Temasek [TEM.UL], earned S$419.4 million ($283 million) in July-September compared with S$563.9 million a year ago when earnings were boosted by asset sales and revaluation gains. (Reporting by Kevin Lim; Editing by Neil Chatterjee)
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