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Profits more than double as home sales power MTR Corp

The MTR Corporation reported on Thursday that its net profit for the first half exceeded HK$15.78 billion, more than double that of a year ago. The jump came as strong gains from property development offset flat performances at its rail and commercial operations. Profits from property development rose by more than 120 percent to HK$12.2 billion, mainly thanks to gains from projects at Tai Wai…

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