A Top Developer’s Recipe for Controlling China’s Housing Prices
Meanwhile, revenue jumped 45% to $1.6 billion, matching Wall Street predictions. And KB Home, one of the smaller homebuilders concentrated mostly on the my company West Coast, reported a surge in profit: $27.3 million, 30 cents a share, from $3.3 million, 4 cents a share. It too beat Wall Streets estimates, which called for 22 cents a share in earnings. Revenue shot up 29% to $549 million.
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