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Finland's Kone reported a bigger-than-expected rise in fourth-quarter profit on Thursday, saying demand for new elevators and escalators continued to grow in China.
Kone's quarterly underlying operating profit rose 4% to 381 million euros ($461 million) versus 371 million expected by analysts, Refinitiv Eikon data showed.
($1 = 0.8262 euros)
(Reporting by Tarmo Virki in Tallinn; editing by Jason Neely) ((tarmo.virki@thomsonreuters.com; +372 564 4562))