Shanghai Lingang (SHA:600848) posted third-quarter attributable net profit of 772.2 million yuan, up 136% from 326.7 million yuan the previous year.
Earnings per share rose to 0.31 yuan from 0.13 yuan, according to a Wednesday filing with the Shanghai bourse.
The real estate company's operating revenue declined 7.2% year over year to 1.06 billion yuan from 1.15 billion yuan.
Shares of Shanghai Lingang rose 4% Wednesday.
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