Pan Hong Holdings

Results

Pan Hong swings back into the black with 1Q earnings of $21 mil

SINGAPORE (Aug 14): China property group Pan Hong Holdings has swung back into the black with earnings of RMB106.4 million ($21 million) in 1Q20, compared to a loss of RMB0.9 million in 1Q19.
Pan Hong acquires Zhejiang land for $54.4 mil for residential use

Property

Pan Hong acquires Zhejiang land for $54.4 mil for residential use

(June 19): China-based property group Pan Hong Holdings has acquired a piece of land in Zhejiang province for RMB275 million ($54.4 million) to develop a residential project.

Results

Pan Hong's 3Q earnings up more than sevenfold at $2.05 mil on higher profit margins

SINGAPORE (Nov 13): Pan Hong Holdings reported earnings of RMB10 million ($2.05 million) for 2Q18, up more than sevenfold from RMB1.3 million in the same period a year ago on higher gross profit margins.
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