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Updated Thursday, March 11, 2010 11:10 am TWN, AFP

Citic Pacific books 2009 profit after bad year

HONG KONG -- Citic Pacific climbed back into the black last year, the scandal-plagued investment firm said Wednesday, after suffering massive losses from unauthorized currency trading bets in 2008. The Hong Kong-listed conglomerate said it earned HK$5.9 billion (US$760 million), or 1.63 per share, on revenues of HK$46.4 billion in 2009.
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