China Daily

Listed firms forecast bright first-half show

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Some 70 percent of around 1,700 A-share companies that released forecasts of their first-half financial performanc­e said they expect strong results, according to media reports. Seven companies are expected to achieve net profits attributab­le to shareholde­rs of more than 10 billion yuan ($1.55 billion) each, while more than 600 firms are estimated to see net profits top 100 million yuan each.

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