China's OCT Properties net profit up 57% in Q3

China's OCT Properties, one of the country's leading real estate firms, announced Saturday that its net profit rose 56.73 percent year on year in the third quarter to 133.2 million yuan (19.5 million U.S. dollars).

Business revenue of the property developer increased 28.85 percent year on year to 1.17 billion yuan, the company said in a statement to Shenzhen Stock Exchange Saturday.

Equities of the Shenzhen-listed firm added 2.14 percent to 22 yuan per share on Friday.

Source:Xinhua