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Herald Forecasts Rise in Full-Year Profit

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Herald (HKG:0114) expects an attributable profit of between HK$45 million and HK$55 million for the year ended March 31, up from HK$32.9 million a year prior, according to a Tuesday bourse filing.

The toy manufacturer attributed the forecast mainly to a one-off post-tax gain from the disposal of two land parcels in Shanghai.

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