News Column

China Overseas Land and Investment Ltd Announces its 2014 Interim Results

August 7, 2014

ENP Newswire - 07 August 2014

Release date- 06082014 - China Overseas Land and Investment Ltd announced its 2014 unaudited interim results.

For the six months ended 30 June 2014, turnover increased 54.0% to HK$49.57 billion. Operating profits increased by 42.7% to HK$18.80 billion. Profits attributable to equity shareholders of the Company increased by 18.0% to HK$13.02 billion. Core profits increased by 33.7% to HK$10.79 billion. Basic earnings per share increased by 18.0% to HK$1.59. The Board declared an interim dividend of HK20 cents per share, an increase of 11.1% compared to the same period last year.

In the first half of 2014, contracted sales of properties was HK$73.04 billion, and the corresponding sales area was 4.42 million sq.m. During the period, ten land parcels were acquired by the Group in mainland China, adding GFA of 6.85 million sqm to the land reserve.


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Source: ENP Newswire

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