[ET Net News Agency, 31 July 2019] Beijing North Star Company Limited (00588) said
profit attributable to holders of ordinary shares of the company (excluding gains from
changes in fair value of investment properties) for the first half of 2019 is estimated to
record an increase in the range of RMB510 million to RMB590 million (or an increase in the
range of 72% to 83%), as compared with the corresponding period of 2018.
During the reporting period, as the significant increase in completion areas of the real
estate development projects of the company resulted in an increase in the revenue
generated from the real estate business, and due to the fact that products which revenue
recognized from were primarily the projects in which the company holding the entire equity
interests, therefore, the profit (excluding gains from changes in fair value of investment
properties) attributable to holders of ordinary shares of the company is estimated to
record an increase as compared with the corresponding period of the preceding year. (RC)
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00588 BEIJING N STAR
Nominal 
0.670 0.000 (0.000%) Others
31/07/2019 13:13
Beijing N Star (00588) sees 72-83% increase in 6-month net
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