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Evergrande Real Estate Group Ltd.replaced China Vanke Co.Ltd.in the first half of this year to become the countrys 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 rose15.8 percent to hit 6.5 billion yuan($1.06 bil-
Evergrande Real Estate Group Ltd.replaced China Vanke Co.Ltd.in the first half of this year to become the countrys largest property developer by sales value. The Guangzhou-based company’s revenue rose 13.3 percent to 42 billion yuan ($ 6.86 billion) in the first six months.Its net profit rose15.8 percent to hit 6.5 billion yuan ($ 1.06 bil-