Cheung Kong earnings tumble

Friday, May 24, 2013

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Cheung Kong earnings tumble
(08-02 16:36)

Leading property developer Cheung Kong (Holdings (0001) said today six-month profitl more than halved to HK$15.4 billion, amid a challenging operating environment.
Earnings per share were HK$6.67. The developer, controlled by billionaire Li Ka-shing, declared an interim dividend of 53 HK cents, similar to the same period last year.

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