Chinese Estates H1 net loss 273.27 mln hkd vs profit 69.10

Chinese Estates Holdings Ltd. (0127), a medium-size property developer, said it fell into the red with a net loss of HK$273.3 million for the six months through June, from a net profit of HK$69.1 million a year earlier. Loss per share was 11.5 HK cents compared with earnings per share of 3.3 HK cents a year before. Revenue, meantime, rose 8.9 percent to HK$332.3 million. No interim dividend will be distributed, unchanged from last year.

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