Agile Group Expects Substantial Rise in 1st Half Net Profit

By Joanne ChiuFeaturesDow Jones Newswires

Agile Group Holdings Ltd.'s (3383.HK) first-half net profit is expected to be more than double from that of a year earlier.

The real-estate developer said after markets closed Monday that the substantial rise in first-half net profit was due to higher gross profit margins from its recognized revenue from property sales during the period. It will publish interim results by the end of August.

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(END) Dow Jones Newswires

August 14, 2017 19:59 ET (23:59 GMT)