By Joyce Teo

PROPERTY developers feeling the heat of the global financial crisis will not have had their mood improved by the gloomy numbers posted by Keppel Land (KepLand) yesterday.

The firm's net profit for the third quarter fell 43.6 per cent to $46.17 million on the back of a 51.4 per cent plunge in revenue to $185.79 million.

Contributions from property trading fell as several residential projects in Singapore, in Vietnam and China were completed, it said.

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