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Beijing North Star expects 40% YOY hike in H1 attributable profit

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Beijing North Star expects 40% YOY hike in H1 attributable profit

Beijing North Star Co. Ltd. expects a more than 40% year-over-year increase in its first-half profit attributable to equity holders, based on a preliminary assessment.

The company attributed the projected boost to a significant increase in the settlement area of its real estate development projects, resulting in increased revenue related to the assets.