CITIC Pacific Reports 24% Surge In Net Profit, Declares Dividend

CITIC Pacific Ltd CTPCY reported a 24% rise in its first-half net profit. CITIC Pacific's net profit for period climbed to HK$6.01 billion, from a restated HK$4.87 billion. Its revenue surged 44% to HK$45.94 billion from HK$31.87 billion. CITIC Pacific also declared a first-half dividend of HK$0.15. CITIC Pacific shares fell 2.25% to close at $9.14 yesterday.