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RETAIL | Staff Reporter, Hong Kong

Sun Art Retail Group profit up 41.5%

The hypermarket operator, which debuted in Hong Kong trading in July, reported $122.7m profit for the first half of 2011.

A report on Reuters said this is a 41.5% increase compared to the same period last year.

Its initial public offering in Hong Kong raised $1.1b.

View the report here.

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