BNP expects China Overseas 1H01 net profit more than double to HK$538 million

Owing to exceptional gain of around HK$347 million from share sales, China Overseas Land (0688) 1H01 net profit should more than double to HK$538 million , says BNP Paribas Peregrine. Excluding exceptional gain, BNP expects core earnings should rise 3% to HK$211 million on strong contribution from property construction. Tracking HSI downtrend, stock down 0.9% at HK$1.15. Results due

Related stock : (NIL)