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China's Tingyi says first half net profit up 18 percent, slightly lags forecast
date:Aug 19, 2014
ion for the first half from three analysts polled by Reuters.

Tingyi saw net profit for the April-June quarter total $103.5 million, up from $91.8 million a year earlier, just below an average forecast of $107.7 million. Tingyi posted a 22.4 percent net profit rise in the first quarter.

Tingyi, which commands close to 40 percent of China's noodle market according to Euromonitor, said total turnover was $5.5 billion for the six-month period, up slightly from $5.42 billion a year ago. The firm c

12/20 14:57