Chevalier set to post strong returns

CHEVALIER International Holdings may be able to maintain a profit growth of more than 50 per cent in the latter half of the year ending March 31, chairman Chow Yei-ching says.

The group recorded a 57 per cent increase in taxed profit to $107.79 million in the six months to September 30 last year, including an exceptional gain of $95.77 million from the disposal of the group's former office in Tsim Sha Tsui.

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