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Lai Sun Development forecasts substantial growth in 6-month attributable profit

Lai Sun Development Co. Ltd. is expecting its consolidated profit attributable to its owners to substantially grow in the six months ended Jan. 31 compared with the HK$913 million recorded in the year-ago period.

The real estate company attributed the bullish forecast to growth in revaluations of the group's investment properties during the review period.

In a filing, Lai Sun Development said it expects to publish its unaudited interim results March 22.