Home 禄 Business 禄 Real Estate
Shui On Land posts strong earnings
Print Edition
SHUI On Land Ltd, a developer renowned for its Tiandi-series projects in several Chinese cities, posted solid business growth for 2017 due to improved sales margin and positive contribution from asset divestments.
Total property sales, including recognized property sales, disposal of investment properties and equity in subsidiaries, as well as turnover of associates, rose 38 percent from 2016 to 30.3 billion yuan (US$4.78 billion) last year, the Shanghai-based company said in a filing to the Hong Kong stock exchange yesterday.
Profit attributable to shareholders jumped 53 percent year on year to 1.67 billion yuan..
"The commendable results are mainly due to strong contracted sales in the previous year, the contribution from a number of value-realizing transactions, resulting from our asset light strategy, our strong brand, high quality portfolio of commercial assets, and our solid foundation in the residential property sector," said Vincent Lo, chairman of Shui On Land.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
