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Redco Properties Group Ltd (1622.HK)

1622.HK on Hong Kong Stock

3.77HKD
19 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Redco Properties Group Posts Contracted Sales Of About Rmb11,757.8 Mln For Nine Months
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Redco Properties Group Ltd <1622.HK>::ACHIEVED CONTRACTED SALES OF ABOUT RMB11,757.8 MILLION FOR NINE MONTHS ENDED 30 SEPTEMBER.  Full Article

Redco Properties Group Ltd Posts Hy Profit Attributable Of Rmb431.4 Mln
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Redco Properties Group Ltd <1622.HK>::PROFIT ATTRIBUTABLE TO OWNERS OF COMPANY FOR SIX MONTHS ENDED 30 JUNE 2018 INCREASED BY 33.9% TO RMB431.4 MILLION.HY REVENUE DECREASED BY 42.2% TO RMB1,738.5 MILLION.INTERIM DIVIDEND OF RMB2.5 CENTS PER SHARE.  Full Article

Redco Properties Group Announces Issuance Of US$200 Million 11.0% Senior Notes Due 2020
Friday, 24 Aug 2018 

Aug 24 (Reuters) - Redco Properties Group Ltd <1622.HK>::ANNOUNCES ISSUANCE OF US$200 MILLION 11.0% SENIOR NOTES DUE 2020.OFFERING PRICE OF NOTES WILL BE 100% OF PRINCIPAL AMOUNT OF NOTES.NOTES WILL BEAR INTEREST FROM AND INCLUDING 29 AUGUST 2018 AT RATE OF 11.0% PER ANNUM, PAYABLE SEMI-ANNUALLY IN ARREARS.  Full Article

Redco Properties Group Sees Decrease Of About 40% In HY Revenue
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Redco Properties Group Ltd <1622.HK>::PROPOSES TO CONDUCT AN INTERNATIONAL OFFERING OF GUARANTEED U.S. DOLLAR DENOMINATED SENIOR FIXED RATE NOTES.SEES HY UNAUDITED CONSOLIDATED NET PROFIT OF GROUP WILL RECORD AN INCREASE OF NOT LESS THAN 50% FROM SAME PERIOD IN 2017.SEES A DECREASE OF ABOUT 40% IN REVENUE AND AN INCREASE OF ABOUT 10% IN GROSS PROFIT FOR HY.INTENDS TO USE NET PROCEEDS OF PROPOSED NOTES ISSUE TO REFINANCE EXISTING OFFSHORE INDEBTEDNESS & INVEST IN ONSHORE PROJECTS.  Full Article

Redco Properties Posts 6-Mth Contracted Sales Of RMB6.09 Bln
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Redco Properties Group Ltd <1622.HK>::FOR SIX MONTHS ENDED 30 JUNE 2018 ACHIEVED CONTRACTED SALES OF RMB6,086.7 MILLION.  Full Article

Redco Properties Group Sees FY Consol Net Profit Attributable To Rise Not Less Than 60 Pct
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Redco Properties Group Ltd <1622.HK>::CONSOL NET PROFIT ATTRIBUTABLE FOR FY WILL RECORD A SIGNIFICANT INCREASE OF NOT LESS THAN 60% AND NOT MORE THAN 150%.EXPECTED RESULT DUE TO REVALUATION GAIN FROM GROUP'S INVESTMENT PROPERTY AND REVENUE GENERATED FROM PRIMARY LAND DEVELOPMENT IN PRC.  Full Article

Redco Properties Group Post FY Contracted Sales Of RMB13,197 Mln
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Redco Properties Group Ltd <1622.HK>::‍FOR YEAR ENDED 31 DECEMBER 2017, GROUP AND JOINT VENTURES ACHIEVED CONTRACTED SALES OF APPROXIMATELY RMB13,197 MILLION​.  Full Article

Redco Properties Disposes Interest In Shanghai Mingchang Properties Limited
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Redco Properties Group<1622.HK>::DISPOSAL OF INTEREST IN SHANGHAI MINGCHANG PROPERTIES LIMITED .‍COMPANY EXPECTS THAT NET PROCEEDS FROM DISPOSAL WILL BE APPROXIMATELY RMB671.8 MILLION​.‍GROUP EXPECTS TO RECORD A GAIN OF RMB382 MILLION​.  Full Article

Redco Properties Group ‍says 9-mnth contracted sales RMB9,018.4​ mln
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Redco Properties Group Ltd <1622.HK>::‍ 9-mnth contracted sales RMB9,018.4​ million.  Full Article