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Boost for Yanlord's Q1 from China home-buyer demand
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Published Wed, May 11, 2016 · 09:50 PM
Singapore
YANLORD Land Group's net profit attributable to equity-holders surged in the first quarter of 2016, from 15.46 million yuan a year ago to 260.14 million yuan (S$54.7 million), underscored by healthy home-buyer demand in China and robust pre-sale delivery.
The group said on Wednesday that revenue for the three months ended March 31 rose 182 per cent from 1.01 billion yuan to 2.85 billion yuan.
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