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China Vanke's Q1 profit down 16.5%; sees growth for full year

Saturday, April 29, 2017 - 05:50

Hong Kong

CHINA Vanke Co, the nation's second-biggest property developer, said on Thursday it expected a further rise in net profit this year, despite reporting a 16.5 per cent drop in its first quarter profit due to higher costs.

Vanke said in its results statement that while its

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