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PRESS RELEASE
YING LI RECORDS 52.4% INCREASE IN REVENUE AND 184.4%
JUMP IN GROSS PROFITS, ON STRONG DEMAND FOR THE
GROUP’S QUALITY DEVELOPMENTS - INCREASED ASP
ACHIEVED WITH EXPANDED MARGINS
• Revenue increased by 52.4% on strong demand for high quality
office properties – increasing sales and rental revenue
• Gross profit jumped 184.4% from higher ASPs on sales from San Ya
Wan and Future International projects
• Maintains strong financial position as cash and bank balances
increased by 154.8%
YING LI RECORDS 52.4% INCREASE IN REVENUE AND 184.4%
JUMP IN GROSS PROFITS, ON STRONG DEMAND FOR THE
GROUP’S QUALITY DEVELOPMENTS - INCREASED ASP
ACHIEVED WITH EXPANDED MARGINS
• Revenue increased by 52.4% on strong demand for high quality
office properties – increasing sales and rental revenue
• Gross profit jumped 184.4% from higher ASPs on sales from San Ya
Wan and Future International projects
• Maintains strong financial position as cash and bank balances
increased by 154.8%
Tmr China Merchants Pacific will be releasing their FY result. If they give 3 cents final dividends (in addition to the 2.5 cents interim dividend), I will be very happy. Hopefully their planned acquisition of more toll roads will be revealed.
Cannot tell much.......tp above $1 for both
S- Chips in action !!!
What is EI?
There iS nO BiG BUYiNG at YL!
FMs heavily accumulating YL n EI........
Look out......
Use ur IQ to figure out .......