20 August 2019

Evergrande sees sharp rise in 2013 profit, filing says

Evergrande Real Estate Group Ltd. (03333.HK) said in a regulatory filing on Tuesday it expects a significant increase in its consolidated profit for 2013. The property developer attributed the earnings growth primarily to an increase in the total gross floor area delivered to buyers last year. For the first two months of 2014, contracted sales surged 75.3 percent to 20.07 billion yuan (US$3.27 billion) from a year ago, while the average home price rose 15.9 percent to 7,177 yuan per square meter, the filing said.

– Contact HKEJ at [email protected]



EJI Weekly Newsletter

Please click here to unsubscribe