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 ($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.
The net profit decline was due largely to a fall in contributions from companies in which Temasek holds stakes, the firm's annual report showed.
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