CR Land Announces Business Results for 2013

2018-06-11Source:Read:0[Return list]

On March 21, CR Land announced its annual business results as of December 31, 2013.


In 2013, CR Land realized a total consolidated turnover of HK$ 71.389 billion, a year-on-year increase of 60.9%; the profit attributable to shareholders was HK$14.696 billion, a year-on-year increase of 39.1%. The dividend per share for the last term of 2013 was HK$0.364 and the total dividend per share for 2012 was HK$0.437, a year-on-year increase of 30.1%.


In 2013, CR Land realized a total contracted value of RMB 66.306 billion yuan, a year-on-year increase of 27.0%, and sold a total area of 5.7823 million m2, a year-on-year increase of 22.1%. Thanks to the rise in the rental rate for mature properties and the rapid rise in the rent for new properties, the turnover of the investment properties, including the hotel business, reached HK$ 4.622 billion, an increase of 27.4% over the previous year.


As of February 28, 2014, CR Land had achieved a total contracted value of RMB 5.784 billion yuan. If the contracted value of RMB 67.381 billion yuan from sales of real estate products sold but not settled by the end of 2013, CR Land has recorded a total of CNY 73.165 billion from real estate products contracted and to be settled. Of the total, CNY 52.544 billion has been scheduled to be settled in 2014, guaranteeing the continuous business growth in 2014.

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