The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Poly Real Estate sees over 20 pct growth in net profit

Contributed by NAMPA / Xinhua.

BEIJING, April 16 (Xinhua) -- Poly Developments and Holdings Group Co., also known as Poly Real Estate, posted a year-on-year growth of 20.92 percent in net profits in 2018.
According to its annual report disclosed to the public on Monday, the major real estate developer reported net income attributed to the shareholders of 18.9 billion yuan (about 2.82 billion U.S. dollars) last year.
Total revenue of the company reached 194.6 billion yuan, up 32.66 percent year on year, the report said.
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