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Sino Ocean forecasts YOY growth in H1 profit

Sino-Ocean Group Holding Ltd.'s profit attributable to owners, for the six months to June 30, is expected to log a "significant" climb from the 2016 first half, according to a preliminary assessment of its unaudited management accounts.

The group credited the estimated jump to an uptick in sales revenue, but did not provide specific figures.

Meanwhile, Sino-Ocean's finalized interim results are slated for release Aug. 23.