LVGEM China (00095) sees 35% increase in year net【经济通】
Author: CHINA LVGEM
[ET Net News Agency, 18 March 2020] LVGEM (China) Real Estate Investment Company
Limited (00095) said for the year ended 31 December 2019, the group is expected to record
an increase in the net profit attributable to the owners of the company by not less than
35% as compared with the previous year.
Such increase was mainly due to (i) a robust growth in revenue and gross profit from the
segment of real estate development and sales; and (ii) an increase in the fair value of
the investment properties of the group. (RC)
http://www.etnet.com.hk/www/tc/news/categorized_news_detail_eng.php?newsid=ETE300318213
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