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COFCO Property (Group) Co Ltd Announces FY 2013 H1 Net Profit Outlook


Thursday, 11 Jul 2013 08:00pm EDT 

COFCO Property (Group) Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2013 to be RMB 91.25 million to RMB 121.67 million, or to increase by 50% to 100%, compared to the net profit of the same period in FY 2012 (RMB 60,833,400). The Company cited the increased income from real estate projects as the main reason for the forecast.