TC

24/03/2017 12:37

Longfor PPT year net up 1.8% to Rmb9.15bn; div Rmb46.6 cts

    Longfor Properties (00960) said its profit attributable to shareholders for the year ended 31 December 2016 rose 1.8% year-on-year to Rmb9,153 million.
  Basic and diluted earnings per share were Rmb1.57.
  The revenue was Rmb54,799 million, an increase of 15.6% from a year earlier. Contracted sales grew 61.6% year-on-year to Rmb88,144 million.
  Gross profit margin increased by 1.7 percentage points to 29.1%.
  Excluding effects, such as minority interest and valuation gains, core net profit rose 11.8% to Rmb7.76 billion.
  The proposed final dividend is Rmb46.6 cents (2015: Rmb35.7 cents) per share, payable on 7 July 2017.  

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