BEIJING, May 27 (Xinhuanet) -- China Fortune Land Development (CFLD) ranked 544 on Forbes' 17th annual Global 2000 list.
The list is an international ranking of the world's biggest, most powerful, and most valuable public-listed companies.
CFLD has maintained a steady and healthy growth over the years.
According to its 2018 Annual Report, CFLD achieved an operating revenue of 83.799 billion RMB in 2018, a year-on-year increase of 40.52 percent, together with a gross profit margin that reached 42 percent.
In 2018, CFLD also achieved a net profit of 11.746 billion RMB, which was attributable to the listed company’s shareholders, and which was a year-on-year increase of 32.88 percent and 300 million RMB more than its performance commitment.
The Forbes Global 2000 is an annual ranking by Forbes magazine. Companies are ranked according to a composite score from equally-weighted measures of revenue, profits, assets and market value, and the results reveal the major trends shaping the global economy.
