Hong Kong-listed real estate developer Central China Real Estate says it will seek to triple its sales by 2019, an aggressive target that will challenge the abilities of senior management, including its new chief executive officer Yuan Xujun.
Despite a boom in China’s property market in the past two years, CCRE, the biggest developer in Henan province, has seen sales growth lag behind its rivals, with 2016 net profit of 403 million yuan (US$58.42 million), roughly half from the previous…
Source : South China Morning Post
Read more…Central China Real Estate sets aggressive sales target amidst senior management change















