Aug. 5, 2010 (China Knowledge) - Tysan Holdings Ltd has earned more than HK$3 billion from property sales in Shanghai and Tianjin, said Vice President Fung Chiu Chak.
Fung added that the firm is making plans for investment in mainland and Hong Kong and that this batch of investment is not only involved in real estate.
The Hong Kong-listed firm's land reserves of potential floor area are 250,000 square meters in Shanghai and Tianjin.
At present, Tysan Holdings also has construction contracts worth more than HK$2 billion, HK$1.4 billion worth of contracts of which have not yet been completed.
Tysan Holdings has posted HK$271 million-net profit in 12 months ended Mar. 31, reflecting a year-on-year decline of 21.71%, and its earnings per share were HK$0.323.
