CHINA Vanke Co, the country's largest publicly traded real estate developer, said nine-month profit rose 18.8 percent as revenue climbed.
Net income rose to 2.28 billion yuan (US$333 million) from 1.92 billion yuan a year earlier, the Shenzhen-based company said in a statement to the Shenzhen Stock Exchange yesterday. Sales jumped 58 percent to 21.2 billion yuan.