Pan Hong Property Group, the Hong Kong-based property developer that focuses on developing properties in the second and third-tier cities in China since 1980s, recorded a net profit of RMB13.0 million ($2.6 million) for the quarter ended 30 June 2010 (1Q2011), an increase of 27.4% from RMB10.2 million in 1Q2010.
Posts Tagged ‘cities in china’
Pan Hong posts net profit of $35.2m for FY2010
May 27th, 2010 |
No Comments
Pan Hong Property Group, the Hong Kong-based property developer that focuses primarily on developing properties in the second and third-tier cities in China, reported a RMB170.7 million ($35.2 million) net profit for the financial year ended 31 March 2010 (FY2010), reversing the loss of RMB37.2 million in the previous financial period (15 months ended 31 March 2009, or FP2009). Revenue for FY2010 was RMB432.7 million compared to RMB39.9 million in FP2009. The group is proposing a final dividend of 0.5 cents per share.
{jcomments on}
Pan Hong Property Group turns around with net profit of $12m in 3Q
February 9th, 2010 |
No Comments
Pan Hong Property Group, the Hong Kong-based property developer that focuses primarily on developing properties in the second and third-tier cities in China, has chalked up RMB57.3 million ($11.9 million) in net profit for the third quarter ended 31 December 2009 (3Q2010), reversing the loss of RMB3.6 million in the previous corresponding period (3Q2009).
Pan Hong Property Group acquires land in Huzhou, Zhejiang for $47m
July 30th, 2009 |
No Comments
Mainboard-listed Pan Hong Property Group, a Hong Kong-based property developer that focuses primarily on developing properties in the second and third-tier cities in China, has successfully won the tender for a land parcel in Huzhou city (Zhejiang Province) for RMB 221.3 million ($46.7 million). The acquired land parcel will be used for the development of residential and commercial properties.