Brief: China Merchants Land Sees Net Profit Attributable Is Expected To Decrease By Approximately 20%, For Year

China Merchants Land

18/02/2022 10:29

Feb 18 (Reuters) - China Merchants Land:
    * SEES  NET PROFIT ATTRIBUTABLE IS EXPECTED TO DECREASE BY
APPROXIMATELY 20%, FOR YEAR
    * AGGREGATE CONTRACTED SALES AMOUNT RECORDED A YEAR-ON-YEAR
INCREASE OF ABOUT 11% FOR YEAR
    * WILL CONTINUE TO OPTIMIZE ITS FINANCIAL CAPITAL STRUCTURE
AND
IMPROVE ITS BUSINESS OPERATION LEVEL
    * EXPECTED RESULT DUE TO REDUCTION IN GROSS PROFIT MARGIN IN
GROUP'S PROJECT CARRIED FORWARD FOR THE YEAR AMONG OTHERS


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