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

Latest News
 Search News  Or
China Vanke's Q1 net profit up 15.83%

Apr. 24, 2012 (China Knowledge) - China Vanke Co Ltd<000002><200002>, the country's largest listed residential property developer, announced yesterday that its net profit rose 15.83% year on year to RMB 1.40 billion in the first quarter of this year.

The developer saw its operating revenue jump 29.81% year on year to RMB 10.35 billion in the period.

The company's property sales fell 12.5% year on year to RMB 31.07 billion in the first three months, and its sales area dropped 1% to 3.01 million square meters.

Average sales price stood at RMB 10,325 per sq m in the first three months, down 11.7% year on year.

At the end of the first quarter, the company held RMB 39.05 billion in cash, up from RMB 34.24 billion at the beginning of this year, and saw its net debt ratio falling to 23.0% at the end of March.

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