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Boost for Yanlord's Q1 from China home-buyer demand

Mindy Tan

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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Companies & Markets

Companies & Markets

Boost for Yanlord's Q1 from China home-buyer demand

Mindy Tan

Companies & Markets

US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform

ST Engineering bags more than S$175 million in contracts to upgrade Singapore’s public bus fleet

ING unveils 2.5 billion euros buyback as profit beats estimates

Prosper Cap halts operations at UK hotel after fire breaks out

DBS chief expects 2024 earnings to hit new highs as Q1 profit rises 15% to S$2.95 billion

Banking giants race to Riyadh as MBS steps up pressure campaign

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