Hangzhou Binjiang Real Estate Group (SHE:002244) posted first-half attributable net profit of 1.85 billion yuan, up 59% from 1.17 billion yuan the previous year.
Earnings per share rose to 0.60 yuan from 0.37 yuan, according to a Wednesday filing with the Shenzhen bourse.
The real estate company's operating revenue jumped 88% year over year to 45.4 billion yuan from 24.2 billion yuan.
Shares of the company closed 4% lower Wednesday.
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