Top 20 property developers in China
- By Zhang Junmian
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China.org.cn, May 24, 2011
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Shanghai Forte Land Co.
|
|
Stock Code |
Total Assets (RMB) |
Sales Revenue (RMB) |
Sales Area (million sq m) |
|
2337.HK |
33.3 billion |
17.3 billion |
1.33 |
Founded in 1994, Shanghai Forte Land Co. (Forte) is a subsidiary of Shanghai Fosun High Technology Group The company specializes in the development and sale of residential and commercial properties, as well as the provision of ancillary services related to the real estate industry, such as property management and property consulting.
Forte was listed on the Main Board of the Stock Exchange of Hong Kong Limited on February 6, 2004.
In 2010, Forte generated 8.65 billion yuan in revenue, an increase of 66.9 percent over 2009, and its net profits surged 254.4 percent year on year to 1.76billion yuan.
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