In 2008, the company adjusted the automobile trade, highway and other businesses, so that the profitability of 2009 has been greatly improved. At the end of 2009 and early 2010, the company increased the development of real estate business and entered into large-scale first-level land development while increasing the land storage of commercial housing development projects. The real estate development business will be a new source of performance growth for the company. Taking into account the primary land development income and the equity transfer income of Zhangzhou Jingda Land Comprehensive Development Co., Ltd., we have raised our earnings per share from 2010 to 2013 to 0.203, 0.528 and 0.526 yuan per share from 2009 to 2011, corresponding to PE of 49.27,18.93,19.01, maintaining the "recommended" investment rating.
【东兴证券】漳州发展:房地产成为公司收益的新增长点可期
[Dongxing Securities] Zhangzhou Development: it is expected that real estate will become a new growth point of corporate income.
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