trending Market Intelligence /marketintelligence/en/news-insights/trending/j6P7WdGqA6ezOepucAx2BQ2 content esgSubNav
In This List

Poly Developments H1 net profit rises 53.3% YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Poly Developments H1 net profit rises 53.3% YOY

Poly Developments and Holdings Group Co. Ltd.'s first-half net profit rose 53.3% year over year on higher contracted sales of properties.

The Chinese developer on Aug. 13 reported a first-half net profit of 9.96 billion yuan, up from 6.49 billion yuan in the prior-year period. EPS rose to 84 fen from 55 fen.

Contracted sales for the six-month period rose 17.3% year over year to 252.62 billion yuan. Total operating income for the period increased 19.5% to 71.12 billion yuan from 59.52 billion yuan in the prior-year period.

As of Aug. 13, US$1 was equivalent to 7.05 Chinese yuan.