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china new town development (1278) Details

China New Town Development Company Limited, together with its subsidiaries, plans and develops large-scale new town projects in the suburbs of large cities in the People’s Republic of China. The company operates through Land Development, Property Development, Property Leasing, Hotel Operations, Golf Operations, and Others segments. The Land Development segment develops land infrastructure, and constructs ancillary public facilities. The Property Development segment develops and sells residential and commercial properties. The Property Leasing segment provides investment property leasing services. The Hotel Operations segment offers room, restaurant, and conference hall services. The Golf Operations segment provides golf course management services. The Others segment offers investment and other services. The company sells land use rights; and builds, manages, and operates public amenities comprising schools and hospitals, as well as develops, manages, and operates commercial properties, such as hotels and convention centers. It offers travelling information and wedding etiquette; sports management; travel; business and procurement management; property management; hospital investment and health consultation; gynecology and obstetrics; and enterprise investment consultation services. The company is involved in the planting, maintenance, and management of scenic spots. The company was founded in 2002 and is based in Central, Hong Kong.

Founded in 2002

china new town development (1278) Top Compensated Officers

Head of Legal Affairs for China and Vice Pres...
Total Annual Compensation: CNY921.0K
Compensation as of Fiscal Year 2013.

china new town development (1278) Key Developments

China New Town Development Company Limited Appoints Wu Jubo as Financial Controller

The Board of China New Town Development Company Limited has approved the appointment of Mr. Wu Jubo as the Financial Controller of the company, taking into consideration his previous work experience and qualifications. Mr. Wu Jubo will oversee the financial and accounting functions of the group.

China New Town Development Company Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

China New Town Development Company Limited reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported operating loss of RMB 4,062,000 compared to RMB 13,112,000 a year ago. Loss before tax from continuing operations was RMB 20,590,000 compared to RMB 39,832,000 a year ago. Loss attributable to owners of the parent was RMB 55,549,000 compared to RMB 78,745,000 a year ago. Net cash outflow from operating activities was RMB 34,054,000 compared to net cash inflow from operating activities of RMB 36,768,000 a year ago. Purchase/construction of property, plant and equipment was RMB 2,242,000 compared to RMB 21,171,000 a year ago. Loss per share on a fully diluted basis was RMB 0.0056 compared to RMB 0.0175 a year ago. For the nine months period, the company reported operating loss of RMB 13,744,000 compared to operating profit of RMB 250,261,000 a year ago. Loss before tax from continuing operations was RMB 83,224,000 compared to profit before tax from continuing operations of RMB 169,021,000 a year ago. Loss attributable to owners of the parent was RMB 159,746,000 compared to RMB 48,119,000 a year ago. Net cash outflow from operating activities was RMB 186,754,000 compared to net cash inflow from operating activities of RMB 22,128,000 a year ago. Purchase/construction of property, plant and equipment was RMB 10,703,000 compared to RMB 184,751,000 a year ago. Loss per share on a fully diluted basis was RMB 0.0196 compared to RMB 0.0107 a year ago.

China New Town Development Company Limited to Report Q3, 2014 Results on Nov 14, 2014

China New Town Development Company Limited announced that they will report Q3, 2014 results on Nov 14, 2014

 

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