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Vanke Property forecasts 300% annual growth in full-year attributable profit

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Vanke Property forecasts 300% annual growth in full-year attributable profit

Vanke Property (Overseas) Ltd. is expecting an annual increase of at least 300% in its profit attributable to shareholders for the year ending Dec. 31.

The Hong Kong-listed property developer said the bullish forecast is mainly contributed by the significant increase in the profit share of an unnamed associate.