Goldman downgrades Cheung Kong 2002 profit forecast to 5%

Goldman Sachs has slightly upgraded Cheung Kong (0001) 2001 annual profit forecast to HK$26.393bln , HK$11.4 earnings per share vs previous HK$11.39. And Goldman also downgraded Cheung Kong 2002 annual profit forecast to HK$8334mln, down 5%, HK$3.6 earnings per share vs previous HK$3.79.Goldman expected that Cheung Kong 2003 annual profit forecast would decrease 3% to HK$8326mln, HK$3.59 earnings per share vs 2002.  

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