Trade Sunac China Holdings Limited - 1918 CFD

Sunac China Company profile

About Sunac China Holdings Ltd

Sunac China Holdings Limited is principally engaged in the sales of properties in the People’s Republic of China (the PRC). The Company operates its business through two segments: Property Development and Property Management and Others. The Company’s subsidiaries include Sunac Real Estate Investment Holdings Ltd., Qiwei Real Estate Investment Holdings Ltd. and Yingzi Real Estate Investment Holdings Ltd..

Financial summary

BRIEF: For the six months ended 30 June 2021, Sunac China Holdings Ltd revenues increased 24% to RMB95.82B. Net income applicable to common stockholders increased 9% to RMB11.99B. Revenues reflect Property Development segment increase of 20% to RMB87.5B, All other Segments increase from RMB979.6M to RMB3.28B. Net income was partially offset by Property Development segment income decrease of 13% to RMB18.35B.