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China: Poly Real Estate posts 72pct gain in H1 net profits

Posted on 30 August 2011

Poly Real Estate Group Co, the country’s second-largest developer by market value, said on Sunday its first-half net profits surged 71.7 percent year-on-year to 2.8 billion yuan ($437.5 million).
The company’s sales revenue increased 35.1 percent to 15.2 billion yuan in the January-June period, it said in its first-half report to the Shanghai Stock Exchange……………………………………….Full Article: Source


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