Ying Li

Ying Li: Swung back into a net profit of Rmb11.0m versus a net loss of Rmb12.1m the previous year, taking 9M14 net profit to Rmb58.7m (9M13 net loss at Rmb21.6m). Revenue was up more than nine-fold to Rmb260.7m, due to revenue recognition upon the handover of the remaining completed SOHO units in Blocks 2 and the office units in Block 1 of the Ying Li International Plaza during the quarter. Bottom-line was weighed by a 150% rise in admin expenses to Rmb33.0m due to FX losses that arose from adverse movements in the USD/SGD exchange rate. BVPS stands at Rmb1.54.