Chinese Property Developer Agile Group's Shares Rise on Surging First-Half Net Profit
Tang Shihua
DATE:  Aug 21 2019
/ SOURCE:  yicai
Chinese Property Developer Agile Group's Shares Rise on Surging First-Half Net Profit Chinese Property Developer Agile Group's Shares Rise on Surging First-Half Net Profit

(Yicai Global) Aug. 21 --  The stock price of Agile Group Holdings, a Chinese property developer,  rallied today after the firm posted positive earnings growth.

Agile's shares [HKG:3383] climbed 6.4 percent to HKD10.50 (USD1.30) in the afternoon.

Agile's net profit rose 35.1 percent to CNY5.1 billion (USD722.5 million), caused by strong sales, the Guangzhou-based  firm said in its earnings report. Its revenue increased by 12 percent  to CNY27.1 billion. Earnings per share were CNY1.3 (US 20 cents). The  company will pay 60 HK cents (8 US cents) in dividends. 

Editor: Emmi Laine 

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Keywords:   Financial Report,First Half,Property Developer,Agile Group