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Soho China profit jumps more than eight-fold

Soho China profit jumps more than eight-fold

Write: Mungo [2011-05-20]

Property developer Soho China Ltd said 2009 profit surged more than eight-fold, beating analysts' estimates.

Net income jumped to 3.3 billion yuan ($483 million), or 0.625 yuan a share, from 399.1 million yuan, or 0.076 yuan, a year earlier, according to a statement.