Vanke sales up - ResearchInChina

Date:2008-10-28liaoyan  Text Size:

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.

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