There's an overemphasis on momentum, which hasn't been great, and that's obscuring what is the long-term profit and growth potential of this company.

will enable us to deliver 5 to 10 per cent profit after tax growth in fiscal 2006

The principal conclusion is that we expect profit growth to continue through our new forecast horizon.

[This year's profit] growth would mainly come from the full-year contribution of the new malls and the opening of its largest mall -- the Mall of Asia.

Evidence is accumulating that growth in the fourth quarter slowed in the euro zone. Two-year bonds should profit from this development.

Our profit growth was a bit stronger than we expected.