Brief: China New City Commercial Development Posts FY Revenue RMB871.1 Million
24/03/2022 15:37
March 24 (Reuters) - China New City Commercial Development
Ltd 1321.HK :
* FY REVENUE RMB871.1 MILLION VERSUS RMB700.4 MILLION
* WILL FOCUS ON IDENTIFYING POSSIBLE ACQUISITIONS WITH
FUTURE
DEVELOPMENT PROSPECTS, PROFITABILITY
* FY LOSS ATTRIBUTABLE RMB295.1 MILLION VERSUS PROFIT OF
RMB44.4
MILLION
* REAL ESTATE MARKET HAS ENTERED PHASE OF CORRECTION, THERE
WILL
BE INCREASING M&A IN INDUSTRY
Source text for Eikon: ID:nHKS2qyLSG
Further company coverage: 1321.HK
((Reuters.Briefs@thomsonreuters.com;))
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