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Shenwan Hongyuan (H.K.) forecasts 27% YOY rise in FY'17 profit

Shenwan Hongyuan (H.K.) Ltd. forecasts an approximately 27% year-over-year rise in profit after tax for the 2017 full year.

The company attributed the expected rise in profit mainly to the comprehensive growth of the group’s core businesses in 2017.

For the 2016 full year, the company posted profit of HK$82.3 million.