- BySeeking Alpha-
Gainers: Bank of the James Financial Group (BOTJ) +7%. American Realty Investors (ARL) +5%.Losers: China HGS Real Estate (HGSH) -11%. Kite Realty Group Trust (KRG) -11%
China HGS Real Estate (HGSH): FQ2 GAAP EPS of $0.10.Revenue of $18.28M (+867.2% Y/Y)Shares +0.5%.Press Release
China HGS Real Estate Inc., formerly China Agro Sciences Corp., is engaged in real estate development, primarily in the construction and sale of residential apartments, car parks and commercial properties. As of September 30, 2016, the Company had three types of real estate projects, including multi-layer apartment buildings, which were six stories or less; sub-high-rise apartment buildings, which were 7 to 11 stories; and high-rise apartment buildings, which were 12 to 33 stories. The Company's main projects located in Hanzhong City are Mingzhu Garden-Mingzhu Nanyuan, Mingzhu Beiyuan, Oriental Pearl Garden, Mingzhu Xinju and Liangzhou road related projects. In Yang County, its projects are Yangzhou Pearl Garden and Yangzhou Palace. Its Mingzhu Nanyuan project consists of multi-layer residential buildings, and sub-high-rise and high-rise residential buildings with commercial shops on the first floors.