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Julius Baer Posts Upbeat H1 Profit

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Julius Baer (OTC: JBAXY) reported a 19% gain in its first-half net profit.

Julius Baer's net profit for the period climbed to 175.5 million Swiss francs ($177.82 million), versus 147.3 million francs, in the year-ago period. However, analysts were expecting a net profit of 156 million francs.

Julius Baer shares closed at $7.07 on Friday.

 

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