Biz News Flash

China's OCT Properties net profit up 57% in Q3

(Xinhua)
Updated: 2009-10-26 11:46

China's OCT Properties, one of the country's leading real estate firms, announced Saturday that its net profit rose 56.73 percent year-on-year in the third quarter to 133.2 million yuan ($19.5 million).

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Business revenue of the property developer increased 28.85 percent year-on-year to 1.17 billion yuan, the company said in a statement to Shenzhen Stock Exchange Saturday.

Equities of the Shenzhen-listed firm added 2.14 percent to 22 yuan per share on Friday.

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