BIZCHINA / Center |
Poly Real Estate doubles profit in 2007(Xinhua)
Updated: 2008-02-11 11:28 Poly Real Estate Group Co Ltd, China's second largest property firm by market value, made 1.489 billion yuan ($207 million) in net profit in 2007, up 121.8 percent year on year. Its earnings per share rose by 96.97 percent to 1.30 yuan. The Guangzhou-based company also said it will continue to focus on developing homes in major Chinese cities such as Shanghai, Beijing, Guangzhou, Wuhan and Shenyang. It plans to start construction on about 6.3 million square meters of property and complete some 3.5 million square meters this year. |
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