Total operating revenue of the 135 listed real estate enterprises in China reached 774 billion yuan ($113 billion) in the first half of the year, up 24 percent on a yearly basis, according to data provided by Zhejiang Hithink Flush Information Network Co Ltd, a listed company of the internet finance information service industry. Net profit attributable to equity holders of the companies posted 85.2 billion yuan in total, an increase of 38 percent, the data provider said.
Sales of the top three real estate enterprises exceeded 1 trillion yuan through June, as the China Evergrande Group topped the list with a net profit of 53 billion yuan, according to a real estate enterprises net profit list released by China Real Estate Business.
Let’s take a look at the top 10 most profitable real estate enterprises in the first half of 2018.
No 10 Sunac China Holdings Ltd
Net profit: 6.78 billion yuan
Sun Hongbin, founder and chairman of Sunac China Holdings Ltd, attends a press conference in Hong Kong, China, March 25, 2014. [Photo/IC]
No 9 China Fortune Land Development Co Ltd
Net profit: 6.93 billion yuan
A passenger walks past a China Railway high-speed bullet train featuring a logo of China Fortune Land Development (CFLD) in Nanjing, East China's Jiangsu province, July 7, 2017. [Photo/IC]
No 8 China Merchants Shekou Holdings
Net profit: 7.12 billion yuan
Students challenge Chinese chess player Ke Jie (left) at a chess competition sponsored by China Merchants Shekou Holdings in Shenzhen, South China's Guangdong province, Aug 20, 2017. [Photo/IC]
No 7 China Railway Construction Co Ltd
Net profit: 8 billion
View of a signboard for China Railway Construction Co (CRCC) is seen in Dalian, Northeast China's Liaoning province, June 14, 2017. [Photo/IC]
No 6 China Vanke
Net profit: 9.12 billion yuan
Potential buyers are seen at a China Vanke sales center in Yichang, Central China’s Hubei province, Sept 2, 2018. [Photo/IC]
Total operating revenue of the 135 listed real estate enterprises in China reached 774 billion yuan ($113 billion) in the first half of the year, up 24 percent on a yearly basis, according to data provided by Zhejiang Hithink Flush Information Network Co Ltd, a listed company of the internet finance information service industry. Net profit attributable to equity holders of the companies posted 85.2 billion yuan in total, an increase of 38 percent, the data provider said.
Sales of the top three real estate enterprises exceeded 1 trillion yuan through June, as the China Evergrande Group topped the list with a net profit of 53 billion yuan, according to a real estate enterprises net profit list released by China Real Estate Business.
Let’s take a look at the top 10 most profitable real estate enterprises in the first half of 2018.
No 10 Sunac China Holdings Ltd
Net profit: 6.78 billion yuan
Sun Hongbin, founder and chairman of Sunac China Holdings Ltd, attends a press conference in Hong Kong, China, March 25, 2014. [Photo/IC]
No 9 China Fortune Land Development Co Ltd
Net profit: 6.93 billion yuan
A passenger walks past a China Railway high-speed bullet train featuring a logo of China Fortune Land Development (CFLD) in Nanjing, East China's Jiangsu province, July 7, 2017. [Photo/IC]
No 8 China Merchants Shekou Holdings
Net profit: 7.12 billion yuan
Students challenge Chinese chess player Ke Jie (left) at a chess competition sponsored by China Merchants Shekou Holdings in Shenzhen, South China's Guangdong province, Aug 20, 2017. [Photo/IC]
No 7 China Railway Construction Co Ltd
Net profit: 8 billion
View of a signboard for China Railway Construction Co (CRCC) is seen in Dalian, Northeast China's Liaoning province, June 14, 2017. [Photo/IC]
No 6 China Vanke
Net profit: 9.12 billion yuan
Potential buyers are seen at a China Vanke sales center in Yichang, Central China’s Hubei province, Sept 2, 2018. [Photo/IC]