News - 18th Aug 2005

Hotel: BIL up 39pc on Thistle hotel sales

Investment company BIL International yesterday reported a 39 per cent rise in full-year profit.

The Singapore-based company, formerly New Zealand corporate raider Sir Ron Brierley's Brierley Investments, posted an after-tax operating surplus of US$86.9 million ($124.71 million) for the year ended June 30.

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