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TINGYI (00322.HK)  -0.440 (-2.266%)    Short selling $120.74M; Ratio 44.629%   announced that for the third quarter as of 30 September, the profit fell 14.1% yearly to US$160 million, representing EPS of US2.85 cents. No dividend was declared.

During the period, the turnover fell 12.9% to US$2.95 billion; gross profit margin fell 0.51 ppt to 32.07%.

For the first three quarters, the Group profit rose 2.4% to US$392 million. As at 30 September 2014, the cash and cash equivalents value equaled US$1.453 billion; net debt to capital ratio equaled 0.24 times.  

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