Property developers see jump in profits

0 CommentsPrint E-mail Shanghai Daily, August 11, 2010
Adjust font size:

China's three major real estate developers listed on the mainland's two stock exchanges have reported a combined net profit of 5.664 billion yuan (US$836 million) in the first half of this year despite mixed sales performances.

Net income registered by China Vanke Co grew 11.4 percent year on year to 2.81 billion yuan in the six-month period.

Gemdale Corp earned 1.227 billion yuan in the first half, a jump of 327 percent from a year earlier.

Poly Real Estate Group Co reported first-half net profit totaled 1.627 billion yuan, up 16.56 percent on an annual basis.

Property sales by value secured by Shenzhen-listed China Vanke rose 19.5 percent to 36.77 billion yuan, accounting for 2.18 percent of the total registered across the country, Vanke said in its half-year report.

However, Shanghai-listed Gemdale, whose net profit soared the most among the three, said property sales by volume declined 42.3 percent to 482,900 square meters during the first six months due to inadequate inventory. By value, it fell 37.3 percent to 5.376 billion yuan. Properties available for sale will likely reach 2 million square meters during the second half, Gemdale estimated.

Poly, another Shanghai-listed developer, which recently saw a shake-up in senior management, reported first-half property sales of 2.67 million square meters and 21.75 billion yuan, up 5.8 percent and 3.3 percent, respectively.

Poly said it will continue to strengthen its presence in existing markets while expanding further to second- and third-tier cities.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 中文字幕在线播放| 欧美日韩亚洲二区在线| 日本欧美成人免费观看| 国产成人综合久久亚洲精品| 中文字幕在线永久视频| 日韩福利在线视频| 亚洲视频天天射| 青青草原亚洲视频| 夜夜高潮天天爽欧美| 久久免费看视频| 毛片高清视频在线看免费观看| 国产亚洲人成网站观看| 97成人碰碰久久人人超级碰OO| 无码欧精品亚洲日韩一区| 亚洲欧美一区二区三区| 老司机在线精品| 国产福利精品一区二区| eeuss影院www在线观看免费| 日韩一区二区三区北条麻妃| 亚洲美女又黄又爽在线观看| 边吃奶边扎下很爽视频| 国产精品高清2021在线| 一级毛片人与动免费观看| 极品丝袜老师h系列全文阅读| 伊人热热久久原色播放www| 韩国午夜理论在线观看| 国产精品高清在线观看93| 99香蕉国产精品偷在线观看| 无人视频免费观看免费直播在线观看| 亚洲免费人成在线视频观看| 福利视频一区二区牛牛| 国产亚洲人成网站在线观看| 黄瓜视频芭乐视频app下载| 国产麻豆精品免费密入口| 中文乱码精品一区二区三区 | 在线91精品亚洲网站精品成人| 丽娟女王25部分| 校园性教k8版在线观看| 亚洲国产欧美精品| 男人天堂网在线| 四虎成人免费观看在线网址|