March 27, 2017 / 2:30 PM / 4 months ago

BRIEF-Allied Group says FY profit from continuing operations HK$ 5.08 bln

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March 27 (Reuters) - Allied Group Ltd :

* FY profit from continuing operations HK$ 5.08 billion versus HK$2.75 billion

* "Consumer finance businesses in hong kong are expected to remain solid barring any rapid deterioration in economy"

* Expected that downturn of property market may happen if mortgage interest rates increase substantially in 2017

* "Consumer finance businesses in mainland China seem to have turned around satisfactorily"

* FY revenue HK$4.10 billion versus HK$4.70 billion

* Second interim dividend (in lieu of a final dividend) of HK$1.85 per share declared Source text for Eikon: Further company coverage:

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