News Column

Gemadale Q1 Net Fell 74%

April 28, 2014

SHANGHAI, April 28, SinoCast -- Gemadale Corp. (SHSE: 600383) reported operating revenue of about CNY 3.61 billion for 2013, down 2.92% from a year ago. Net profit attributable to shareholders after non-recuring profit and loss dropped 24.5% to about CNY 2.16 billion. Basic EPS was CNY 0.81.

Operating revenue for the first quarter of 2014 fell 25.91% to CNY 3.15 billion. Net profit attributable to shareholders dived 73.65% to around CNY 49.34 million. Basic EPS was CNY 0.01.

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Source: Sinocast Construction & Real Estate Beat (China)

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