Trade Yanlord Land - Z25sg CFD

About Yanlord Land Group Limited

Yanlord Land Group Limited is a Singapore-based real estate developer. The Company is focused on developing fully fitted residential, commercial and integrated property projects in selected cities in the People’s Republic of China (PRC) and Singapore. Its segments include Property development, Property investment and hotel operations, Property management, and Others. Its Property development segment includes development of residential, commercial and other properties. Its Property management segment includes provision of property management and ancillary services. Its Others segment includes investment holding, project management business for projects bearing the Yanlord brand name, manufacture of die-cast precision parts and components, supply and installation of building materials, provision of system integration for security and surveillance, satellite and telecommunication, and others such as sand mining.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Yanlord Land Group Limited revenues increased 46% to RMB34.83B. Net income increased 2% to RMB2.66B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Fair value gain on investment properties decrease of 88% to RMB133.4M (income).