Shimao Property Holdings Limited Provides Group Earnings Guidance for the Year Ended 31 December 2017
January 22, 2018 at 05:33 am EST
Shimao Property Holdings Limited provided group earnings guidance for the year ended 31 December 2017. For the period, the group is expected to record an increase in the profit attributable to the company's shareholders of not less than approximately 40% as compared with the previous year. The increase was primarily attributable to an increase in profit from the core business of the group and the U.S. dollar/Renminbi exchange rate change.