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Sygnus Real Estate reports $151.7 million net profit for May quarter

 
Sygnus Real Estate Finance is reporting a net profit of $151.7 million for the quarter ended May 31. 
 
This is significantly more than the net profit of $38.2 million for the previous quarter. 
 
The company says these results reflect the success of strategic initiatives aimed at reducing the earnings variations usually associated with long-term real estate investments and continued commitment to shareholder value.
 


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