Saturday February 23, 2019 12:30

Properties Press Release : 21 Jul 2017

DP Ceramic joining hand with #Kohler to open the flagship store showroom expected to tap high-end ceramic sanitary ware market Properties—21 Jul 17

DP Ceramic Co., Ltd. one of the largest ceramic sanitary ware distributor in Thailand, is moving forward another pace of its market expansion into upper-middle class customers. With a long-standing distributor of global sanitary-ware brands in the Thai

Chinese real estate company Country Garden enters the Fortune Global 500 list Properties—21 Jul 17

SHUNDE, China--21 Jul--PRNewswire/InfoQuest

On July 20, 2017, Fortune magazine released its list of Global 500 companies for 2017. Chinese property developer Country Garden (stock code: ) was included in the authoritative list for the first time, ranking 467 with revenue of USD23 billion , sharing the spotlight with many of the world's most influential companies, among them, Apple, JPMorgan Chase & Co and Microsoft. Among the 10 newly-listed Chinese companies, Country Garden is the only real estate company.

The Fortune Global 500 is the most well-known and authoritative ranking for large companies with a global presence. The gaining of a Global 500 ranking is a recognition of Country Garden's rapid growth. By the end of 2016, the developer's sales had increased to more than 18 times the 15.8 billion yuan that was recorded in 2007 when the company went public. During the same time period, the developer's total assets jumped in value to 14 times the 2007 assessment while revenue surged by a factor of 7.

Country Garden's contracted sales totaled 308.84 billion yuan in 2016, making it one of China's top three property developers. In the first half of 2017, Country Garden moved into the top position with record contract sales of 288.91 billion yuan, a rise