China Overseas Land books 41.6b yuan profit

Business | 26 Mar 2020 3:53 pm

China Overseas Land & Investment (0688) said net profit increased by 10.3 percent year-on-year to 41.62 billion yuan (HK$45.32 billion) in 2019.

Core net profit increased by 10.1 percent to 34.30 billion yuan.

Revenue climbed by 13.6 percent year-on-year 163.65 billion yuan in 2019. Contracted property sales increased by 25.2 percent to HK$377.17 billion.

The developer declared a final dividend of HK57 cents per share.

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