Company Profile For Country Garden Holdings Company Limited

Country Garden Holdings Company Limited (2007.HK) (Hong Kong Stock)

sector: Financials · industry: Real Estate Operations ·

As of 1:31pm IST

2.84HKD

Price Change

-0.12

Percent Change

-4.05%

Analyst Recommendations

Overview

Country Garden Holdings Company Limited (Country Garden) is an integrated property developer in the People’s Republic of China. The Company’s business comprises construction, fitting, project development, property management, as well as hotel development and management. Country Garden offers various products include large-scale residential projects, such as townhouses, apartment buildings, as well as car-parks and retail shops. The Company also develops and manages hotels. It also develops hotels, which are independent of property developments. As of December 31, 2008, Country Garden had operations in selected locations beyond Guangdong Province, including Hunan Province, Jiangsu Province, Hubei Province, Liaoning Province, Anhui Province, Heilongjiang Province, Inner Mongolia Autonomous Region and Chongqing Municipality.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Country Garden Holdings Company Limited's revenue increased 24% to RMB9.20B. Net income increased 79% to RMB1.82B. Revenues reflect an increase in income from sale of Properties Development segment, higher income from Property Management segment and a rise in revenue from Hotel operations. Net income also reflects a decrease in selling & marketing expense and lower administration expenses.