Sotheby 1H revenue up 21 per cent profit, up 3 percent

Sotheby's auction sales rose 24 per cent year on year to US $2.7 billion during the first half of the year that ended on June 30. The company's revenue increased 21.2 per cent to US $492.6 million, while expenses rose 21.6 per cent to US $358.1 million. Profit for the first half increased three per cent to US $71.5 million, resulting in diluted earnings per share of US $1.01.

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