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BRIEF-Risesun Real Estate's profit rises 70 pct in 2016, wins land auctions
February 9, 2017 / 12:48 PM / 8 months ago

BRIEF-Risesun Real Estate's profit rises 70 pct in 2016, wins land auctions

Feb 9 (Reuters) - Risesun Real Estate Development Co Ltd

* Says preliminary 2016 net profit up 70.0 percent y/y at 4.1 billion yuan ($597.28 million)

* Says it and units win land auctions for a combined 484.9 million yuan

Source text in Chinese: bit.ly/2k6DIQ5 ; bit.ly/2kLmswI

Further company coverage: ($1 = 6.8645 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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