Sunac’s revenue rose 25.9 per cent to 13.3 billion yuan in the first half. Photo: Reuters

First-half profit at China’s biggest property asset buyer soars 16-fold after acquisitions

Aggressive acquisitions in the quarter and a higher gross margin drove the dramatic increase

Topic |   Hong Kong company reporting season

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Sunac’s revenue rose 25.9 per cent to 13.3 billion yuan in the first half. Photo: Reuters
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