China Vanke said its interim profit rose 22.48 per cent to 2.52 billion yuan (HK$2.86 billion) as the housing market in key mainland cities picked up.
The mainland's largest publicly listed property developer also said it would explore the feasibility of additional equity financing now that liquidity had improved.
'We will be more aggressive this year,' said president Yu Liang. 'We need capital once we start new investments.'
However, the company had not yet finalised the fund-raising details, Mr Yu said.
Benefiting from a recovery in the property market since the beginning of the year, Vanke posted a 26.5 per cent increase in turnover to 20.55 billion yuan.
Property sold and booked amounted to 2.49 million square metres, a 19 per cent increase over the same period last year.
