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Agile expects 150% YOY boost in FY'17 net attributable profit

Agile Group Holdings Ltd.'s board expects its consolidated net profit attributable to shareholders for the year ended Dec. 31, 2017, to rise more than 150% compared to the previous year.

The boost is mainly due to increase in the company's revenue from property sales and higher gross profit margins for the year.

The Chinese developer's earnings results for 2017 is expected to be published in March.