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Shanghai Lujiazui's net profit up 90% in Q3

Oct. 19, 2012 (China Knowledge) - Shanghai Lujiazui Finance & Trade Zone<600663><900932>, a real estate developer based in Lujiazui, Shanghai, has posted a net profit of RMB 234 million for the third quarter of this year, reflecting a YoY increase of 89.49%.

According to a statement, basic earnings per share for the three-month period were RMB 0.13.

From July to September, the Shanghai based real estate developer realized RMB 901 million in operation revenue, more than RMB 580 million it earned in the same period of 2011.

In the first nine months of this year, Shanghai Lujiazui Finance & Trade Zone saw its operation revenue amount  to 2.26 billion, while its net profit for the period hit RMB 646 million.

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