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China Vanke core profit up 19% on record sales
Published Sun, Mar 26, 2017 · 09:50 PM
Hong Kong
PROPERTY giant China Vanke Co , the subject of a long-running battle for boardroom control, said on Sunday that its core profit last year rose 19 per cent, thanks to record sales.
The nation's second-biggest home builder said core profit, which excludes revaluation gains, rose to 20.9 billion yuan (S$4.2 billion) from 17.6 billion yuan in 2015.
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