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Poly's net profit soars in 2009
2010-02-05 11:36:43
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Poly Real Estate Group Co Ltd<600048>, a subsidiary of state-owned China Poly Group Corp, recently announced that its net profit rose 57.19% to RMB 3.51 billion.

Earnings per share were RMB 1.06. By the end of last year, the total assets of the company had reached RMB 89.83 billion, and its net assets were RMB 25.08 billion.

Total contracted sales last year surged 141.38% year on year to RMB 43.38 billion. Contracted sales area totaled 5.26 million square meters.

Poly's domestic market share increased 0.3 percentage points year on year to 1.3%.

As of Dec. 31, 2009, the company had 102 projects with a total area of 12.23 million square meters under construction or being planned, including 38 new projects.

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