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Poly Real Estate (600048.SH) 2014 net profits up 13.52pct o-y to RMB12.2 bln

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2015-03-17 GMT+8:00

BEIJING, Mar. 16 (Xinhua) -- Poly Real Estate Group (600048.SH) earned 12.20 billion yuan in net profit in 2014, up 13.52 percent year on year, according to its annual report released on late Monday.

Meanwhile, its operating revenue increased 18.08 percent year on year to 109.056 billion yuan during the reporting period.

Basic earnings per share reached 1.14 yuan in 2014.

The company plans to distribute 0.216 yuan of cash dividend per share to its shareholders (tax included).

In 2015, Poly plans to make 120 billion yuan of direct investment in real estate industry, with newly-constructed area and completed area expected to reach 15 million square meters and 14.5 million square meters respectively. (Edited by Zhang Yuan, zhangyuan11@xinhua.org)

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