Market Overview

China Overseas Land & Investment Reports 35% Surge In Net Profit

Share:

China Overseas Land & Investment Ltd (OTC: CAOVF) reported a 35% rise in its first-half net profit.

China Overseas Land's net profit for the six months ended June 30 surged to HK$6.84 billion, from HK$5.07 billion, in the year-ago period. The company's revenue surged 25% y/y to HK$21.88 billion from HK$17.55 billion.

China Overseas Land shares gained 0.98% to close at $2.07 yesterday.

 

Related Articles (CAOVF)

View Comments and Join the Discussion!

Posted-In: EarningsEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com