Poly Real Estate Group Co., Ltd Earnings Soar 10.8% with 12 Billion Yuan Net Income and 138.4 Billion Yuan Revenue

• Poly Developments reported preliminary net income of 12 billion yuan in the first half of 2023, a 10.8% increase year-on-year.
• The company also reported preliminary revenue of 138.4 billion yuan.
• Preliminary basic earnings per share (EPS) were 1 yuan.
• Analysts gave Poly Developments a rating of 30 buys, 3 holds and 0 sells.

A look at Poly Real Estate Group Co., Ltd Smart Scores

Poly Real Estate Group Co., Ltd. is a Chinese real estate company that provides a range of services, including the development and sale of residential homes, leasing and rental of real estates, and property management. According to the Smartkarma Smart Scores, the company has an overall positive outlook with a score of 5 for both Value and Dividend, 3 for Growth and Momentum, and 2 for Resilience. This indicates that the company has a strong financial position and is likely to pay out healthy dividends in the long-term.

The company has a robust track record of delivering quality homes and reliable property management services. It is well-positioned to benefit from the growth of the Chinese real estate market in the long-term. The company’s strong financial position and healthy dividends are indicative of its long-term prospects and will likely attract investors seeking a safe and reliable real estate investment.

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