Greentown China Posts Drop In 2014 Profit

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Greentown China Holdings Ltd.GTWCF
reported a 58% drop in its 2014 net profit. Greentown China's net profit for the year slipped to 2.07 billion yuan ($333 million), versus a year-ago profit of CNY4.89 billion. Its revenue climbed 11% to CNY32.05 billion.
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