Brief: China Vast Industrial Urban Development Co Sees Decrease Of About 90% In FY Profit Attributable
09/02/2022 10:27
Feb 9 (Reuters) - China Vast Industrial Urban Development
Company Ltd 6166.HK :
* SEES DECREASE OF ABOUT 90% IN FY PROFIT ATTRIBUTABLE
* EXPECTED DECREASE IN PROFIT DUE TO DECREASE IN AREA OF
COMMERCIAL AND RESIDENTIAL LAND SOLD IN LONGHE PARK
* OPTIMISTIC ABOUT REAL ESTATE MARKET IN LANGFANG & EXPECTS
LAND
SALE IN LONGHE PARK WILL BE POSITIVE IN 2022
Further company coverage: 6166.HK
((Reuters.Briefs@thomsonreuters.com;))
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