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2002-12-6 11:19:00 a.m. HKT, XFNA
STOCK ALERT - Wai Kee higher after strong H1 earnings
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HONG KONG (AFX-ASIA) - Wai Kee Holdings (610.HK) was higher after
releasing strong first half earnings, dealers said.
For the six months to September, the company recorded a net profit of 63.
383 mln hkd from 38.863 mln a year earlier, reflecting lower administrative
costs and improved contributions from associates.
At 11.00 am, Wai Kee was up 0.03 hkd or 4.61 pct at 0.68.
""It's a knee-jerk reaction to its strong first half results ... however,
trading in Wai Kee can be quite volatile,"" a dealer from a local brokerage
said.
wilfred.lee@afxnews.com
wl/jg
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