Top 10 property developers in China 2013

By Lu Na
0 Comment(s)Print E-mail China.org.cn, April 3, 2013
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   Poly Real Estate Group Co., Ltd 保利房地产(集团)股份有限公司

Poly Real Estate Group Co., Ltd, one of the 'Top 10 Chinese real estate tycoons in 2013' by China.org.cn

Poly Real Estate Group Co., Ltd [gz.polycn.com] 



Founded in 1992, the company is a large state-owned real estate enterprise held by China Poly Group. It focuses on property development, commodity residential building distribution, as well as the provision of property management services.

By the end of 2012, total assets of the Poly Group came to 378.6 billion yuan (US$60.9 billion) and net assets stood at 88.4 billion yuan (US$14.22 billion). In 2012, revenue reached some 98.9 billion yuan (US$15.91 billion) and the net profit was 13.68 billion yuan (US$2.2 billion). It established itself as a growing company and will invest 93 billion yuan (US$14.96 billion) as direct investment in real estate in 2013.

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