China's major property developers saw profit margin decline in 2021 amid rising costs, market downturn and regulations

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China's top 100 property developer's average annual revenue reached 49.86 billion yuan in 2021 and average net profit reached 5.62 billion yuan, increasing by 19.3% and 0.4% respectively from the previous year, according to data from the China Index Academy, one of the country's largest independent real estate research firms.

The growth of revenue picked up by 1.6 percentage point from the prior year, while the growth . . .

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