China New City Commercial Development Limited Provides Earnings Guidance for the Period Ended June 30, 2017
August 07, 2017 at 08:25 am
China New City Commercial Development Limited provided unaudited consolidated earnings guidance for the period ended June 30, 2017. For the period, the group is expected to record a material growth in its profit attributable to the equity holders over 3 times as compared to that of approximately RMB 63.9 million for the corresponding period of 2016. Such growth is mainly due to change in fair value of investment properties.