Announcement

Monday, August 16, 2010

CITIC pacific expected to see its net profit in H1 jump by 17pct

In the opinion of analyst, conglomerate CITIC Pacific is expected to see its core net profit jump 17% to HKD 1.9 billion for the six months to June 30th.

Earnings from its special steel division are tipped to grow 77% with the property division improving by 25% and telco unit CITIC 1616

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