China Vanke Q3 net profit jumps 22% as sales pick up
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Hong Kong
CHINA Vanke Co Ltd said on Tuesday its third-quarter net profit jumped 21.8 per cent as sales picked up, bolstered by government policies to rev up the key housing sector.
China's largest residential developer by sales on Tuesday reported a net profit for the July-to-September quarter of two billion yuan (S$439 million), up from 1.65 billion yuan a year earlier.
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