China Overseas Grand Oceans Group Ltd. Announced its 2014 Annual Results
[ Date：2015-04-08 Visits： ]
On 23 March, 2015, China Overseas Grand Oceans Group Ltd. (“COGOGL” or “the Company”, Stock code: 00081.HK) announced its annual results for the year ended 31 December 2014 (the “Year”).
The Company’s revenue is HK$13,981.3 million, of which, contribution of property sales from third-tier cities represents 97.0% of the turnover. Gross profit margin is 24.1%. Operating profit reaches HK$2,687.1 million. Profit attributable to equity shareholders of the Company is HK$1,267.4 million against. Basic earnings per share are HK$55.5 cents. The Board recommends the payment of a final dividend of HK$1.0 cent per share.
COGOGL succeeded in entering into Shantou, Guangdong Province during the year. A total of four new acquisitions of land parcels were transacted with an approximate gross floor area of 2,703,000sqm in aggregate added to the Company’s land bank. Total land bank of the Company is estimated available to build gross floor area of approximately 12,071,200sqm. (from COHL)【print】 【closed】