Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Financial Market
 Search News  Or
China State Construction expects 2011 profit to rise 40%

Jan. 12, 2012 (China Knowledge) - China State Construction Engineering Corp Ltd<601668>, China's largest property and construction conglomerate, said yesterday that it expected its net profit to jump about 40% year on year in 2011.

In 2010, the company booked a net profit of RMB 9.24 billion.

China State Construction said that its property sales surged 33.8% year on year to RMB 89.5 billion last year. The company sales area totaled 7.03 million square meters in 2011, up 7.9% year on year. It added 22.18 million sq m of land reserves during the reporting period.

The Shanghai-listed firm signed almost RMB 851.4 billion worth of construction contracts in 2011, up 14.6% year on year. In the same period, the company started 181.23 million sq m of properties, up 12.5% year on year, and completed 60.08 million sq m of properties, up 3.2% from 2010.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved