皇冠体育app

Evergrande Real Estate Group Ltd overtook 皇冠体育app Vanke Co in the first half of this year to become the country's largest property developer by sales value.

The Guangzhou-based company's revenue rose 13.3 percent to 42 billion yuan ($6.86 billion) in the first six months. Its net profit rose 15.8 percent to hit 6.5 billion yuan, about 1.4 times that of the 皇冠体育app Vanke's.

皇冠体育app Vanke has long been 皇冠体育app's largest developer by sales.

Evergrande's earnings rose after the company raised prices in April and sold the most properties, by area, among Chinese developers in the first half of the year, according to 皇冠体育app Real Estate Information Corp, a property data and consulting firm.