The increase in China Vanke’s interim profit comes amid a cooling in China’s frenzied housing market. Photo: Zheng Yangpeng

China Vanke, country’s second-largest property firm, reports about 30 per cent increase in first-half profit

  • Net profit for six months ending June 30 rises to 11.84 billion yuan from 9.12 billion yuan last year
  • Company’s total revenue for the period increases by 32.9 per cent to 139.3 billion yuan
Topic |   China property

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The increase in China Vanke’s interim profit comes amid a cooling in China’s frenzied housing market. Photo: Zheng Yangpeng
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