SINGAPORE (July 11): Singapore state investment company Temasek has announced that its net portfolio value for the year ended March rose 14% to $275 billion.

It also closed the year in a net cash position. One-year total shareholder return (TSR) is at 13%.

Dividend income from its portfolio was $7 billion, about 19 times its interest expense for the year, says the company in its annual Temasek Review report today.

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