News Column

Greattown H1 Sales Up 122%

August 25, 2014

SHANGHAI, August 25, SinoCast -- Greattown Holdings (SHSE: 600094) reaped revenue of CNY 1.13 billion in the first half of 2014, down 18.96% from a year ago. Net profit fell 58.98% to CNY 0.85.

Sales and accounts receivable each hit CNY 4 billion, up 122.22% and 150.66%. Outstanding of accounts received in advance hiked 205.16% from the year start to about CNY 3.72 billion.

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Source: Sinocast Construction & Real Estate Beat (China)

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