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News Breaks
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December 19, 2011
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| 08:42 EDT |  | CHLN |
| theflyonthewall.com: | China Housing secures required permits for JunJing III development project | | China Housing & Land Development announced that the company has secured all required construction and presale permits from the Xi'an government for the company's JunJing III development project. As a result, China Housing will commence presales for this project immediately. As of December 16th, the Company has secured approximately RMB268.4M in contract sales for JunJing III. This project has presold 396 out of 423 available units with an average selling price, or ASP, of RMB 6,405 per square meter. Revenue from units sold will be recognized using the percentage of completion, or PoC, method after formal contracts are signed with customers, which will start immediately. :theflyonthewall.com |
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May 15, 2012
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| 06:08 EDT |  | CHLN |
| theflyonthewall.com: | China Housing reports Q1 EPS 6c, consensus 1c | | Reports Q1 revenue $23.5M increased from $22.6M in Q1 of 2011 -- but is down 50.9% from $47.9M in Q4 of 2011. One estimate $16.87M :theflyonthewall.com |
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