Central China Real Estate profit climbs to 658m yuan

Business | 21 Aug 2019 3:44 pm

Central China Real Estate (0832) said net profit for the first half grew by 19.6 percent year-on-year to 658 million yuan (HK$731 million).

Revenue surged by 90.1 percent from a year ago to 9.07 billion yuan. Contracted sales meanwhile amounted to 39.59 billion yuan representing a year-on-year increase of 24.1 percent, of which the contracted sales of heavy assets amounted to 27.66 billion yuan, growing 9.2 percent from a year ago.

The company declared an interim dividend of 15.6 HK cents.

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