Hong Kong-listed property developer Greentown China Holdings Ltd<3900> said its total sales in the first ten months of this year exceeded RMB 40 billion, ahead of the firm's annual plan for 2009, sources reported.As of Nov. 10, 2009, Greentown's 59 on-sale projects had generated total sales revenue of RMB...
Greentown China Holdings Ltd<3900>, which is primarily engaged in residential property development, plans to spend between RMB 6 billion and RMB 7 billion on land purchases in the second half of this year, said an official, sources reported. The official said that the enterprise has RMB 4.5 billion in cash and...
Greentown China Holdings Ltd<3900>, a leading real estate developer in China, is considering raising its sales target to RMB 25 billion this year because it had reaped RMB 17.3 billion as of Jun. 16, said Executive Vice Chairman Shou Bainian, sources reported....
Greentown China Holdings Ltd<3900> saw its net profit plummet 41.49% to RMB 540 million in 2008, sources reported, citing a statement filed with the Hong Kong Stock Exchange on Apr. 27. Last year, the operating revenue of the firm hit RMB 6.64 billion. Contracted sales revenue and revenue from pre-sales...
Greentown Group, one of the leading property developers in China, sold 275,000 square meters of properties for the first quarter of this year, representing a year-on-year increase of 125%, sources reported. The total contract value of the properties is RMB 2.58 billion, 84% higher than that of a year earlier....
A subsidiary of Greentown China Holdings Ltd<3900>plans to carry out a trust financing plan with a local financial institution in a bid to raise RMB 2 billion to fund two property projects in Hangzhou, Zhejiang Province.The trust financing plan won the approval from the Beijing-headquartered financial institution last...
Jan. 5, 2009 (China Knowledge) - Greentown China Holdings Ltd<3900>, one of the leading property developers in China, said its net profit for 2008 is likely to decrease from a year earlier.The company attributed the...
Greentown China Holdings Ltd<3900> and a subsidiary of Baida Group Co Ltd<600865> on Tuesday jointly won the bid for a piece of land in Jianggan District, Hangzhou, Zhejiang Province for RMB 2.65 billion, according to a statement released by Baida.The two partners plan to set up a joint venture to...
U.S.-based financial holding company JPMorgan Chase & Co has again assigned a rating of "neutral" for shares of Greentown China Holdings Ltd<3900> and has set the target price at HK$13.6 per share, sources reported.JPMorgan said in a statement that Greentown China declared an interim dividend of 9.6...
Greentown China Holdings Ltd<3900>, which is principally engaged in developing residential property projects, on Tuesday won the bids for two pieces of land near Jinjihu Avenue in Suzhou, Jiangsu Province for RMB 6.1 billion in total, sources reported.The Hong Kong-listed firm beat out Sun Hung Kai...