China Overseas Land Reports 47% Surge In Operating Profit

China Overseas Land & Investment Ltd CAOVY reported a 47% rise in its operating profit for the January-September period. China Overseas Land's operating profit for the period gained to HK$16.73 billion. Its revenue climbed 38% to HK$35.79 billion. China Overseas Land reported operating profit at HK$5.79 billion and revenue at HK$13.91 for the three months ended September 30.