PAN HONG PROPERTY GROUP TURNS AROUND WITH NET PROFIT OF $12M IN 3Q

Tuesday, February 9, 2010, 12:14
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Pan Hong Property Group, the Hong Kong-based concept developer that focuses primarily on nonindustrial properties in the ordinal and third-tier cities in China, has chalked up RMB57.3 meg ($11.9 million) in gain acquire for the ordinal lodge ended 31 Dec 2009 (3Q2010), reversing the expiration of RMB3.6 meg in the preceding same punctuation (3Q2009).

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