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RAPAPORT… Chow Sang Sang said full-year profit for 2016 is expected to
slump between 30 and 40 percent as a fall in demand from mainland China and
Hong Kong hit sales.
The plunge is not as bad as it looks because a one-off gain from
a corporate deal had pushed up the jeweler’s profit in 2015, it said in a
preliminary update. Profit had increased 4 percent to $145.7 million (HKD 1.1…

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