Yanlord: 9M 2017 Net Profit Attributable To Owners Of The Company Surged 76.3% To RMB2.024 Billion.14 Nov 2017 11:38
Underscored by the delivery of higher-profit-margin developments, gross profit and gross profit margin in 9M 2017 rose to RMB6.515 billion and 45.4% respectively despite the scheduled lower gross floor area delivered to customers during the period. In-line with the higher gross profit margin, net profit attributable to owners of the Company rose 76.3% to RMB2.024 billion in 9M 2017. The Group continued to maintain a healthy financial position with cash and cash equivalents position of RMB16.417 billion as at 30 September 2017. Fully diluted earnings per share in 9M 2017 rose 77.2% to 104.46 Renminbi cents. Accumulated pre-sales pending recognition as at 30 September 2017 which stood at RMB27.840 billion provides greater clarity on future Group's performance...
Source: ShareInvestor Express