(MENAFN) Top Chinese property developer Country Garden has reported increases in major financial indicators including revenue and core profit last year.
According to the company, its contract sales came to 501.88 billion yuan in 2018, a yearly rise of 31.25 percent.
Its revenue last year jumped 67.1 percent to 379.08 billion yuan, while core profit reached 34.13 billion yuan, marking an increase of 38.2 percent.
The company also said it had 242.54 billion yuan in cash reserves by the end of last year, constituting 14.9 percent of total assets and suggesting healthy company finances.
MENAFN2003201900450000ID1098279359
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.