Hagemeyer net surges 20pc

FIRST Pacific Dutch subsidiary Hagemeyer saw interim net profit rise 20 per cent in the first half of the year to 50.6 million guilders (about HK$215.3 million).

Fully diluted earnings per share were 3.71 guilders ($15.79), up 16.3 per cent. Operating profit rose 4.6 per cent to 83.1 million guilders ($353.7 million).