Company Briefs

Pan Hong Q2 earnings more than treble

PAN HONG Property Group's second quarter profit more than trebled to RMB13.2 million (S$2.7 million) on the back of higher revenue and other income and gains. Earnings per share were 2.57 RMB cents, compared with 0.69 RMB cent last year. Revenue for the three months ended Sept 30 jumped 42.4 per cent to RMB78.5 million on higher handover of residential units at Yichun Royal Lake City Phase 1 and Huzhou Hua Cui Ting Yuan Phase 1.

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