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: 国产精品免费一级在线观看| 男女猛烈xx00免费视频试看| 好男人好资源在线观看免费 | 厨房切底征服岳| 337p日本欧洲亚洲大胆裸体艺术| 日批视频在线看| 久九九久福利精品视频视频| 男人天堂2023| 国产伦一区二区三区高清| 中文字幕亚洲色图| 国产精品自产拍2021在线观看| aaa成人永久在线观看视频 | 黄色片一级免费看| 国产精品9999久久久久仙踪林| 91久久精品一区二区| 在线观着免费观看国产黄| 久久久久亚洲AV无码专区体验| 欧美日韩精品一区二区三区高清视频 | 最新黄色网址在线观看| 忘忧草日本在线播放www| 久久99精品久久久大学生| 欧美人与牲动交xxxx| 四虎影视永久在线观看| 都市美妇至亲孽缘禁忌小说| 国产成人综合久久精品免费| 福利视频757| 女人毛片a级大学毛片免费| 三级理论中文字幕在线播放 | 国产一区二区三区手机在线观看| 鸣人向纲手开炮| 国产精品美女视视频专区| 99久久国产热无码精品免费| 成人韩免费网站| 久久青草精品38国产免费| 桃花视频性视频| 亚洲av无码专区在线播放| 欧美一级免费看| 亚洲专区第一页| 欧美一日本频道一区二区三区| 亚洲另类小说图片| 欧美一区二区三区综合色视频 |