【Financial News】Net profit of China's listed property firms slides to 7.5...

今日导读：中原地产研究部最新统计显示，截至目前已发布三季报的58家房企三季度总营业收入达3778.3亿元，但其净利润只有282.1亿元，这意味着净利润率仅有7.5%，较半年报平均不足10%的利润率再度下滑。

Profit-making abilities of China's property developers deteriorated in the third quarter, as financial reports of 58 domestically listed property firms show their average net profit margin slid to 7.5 percent.

According to a report released by Centaline Property, the total revenue of the 58 listed property companies reached 377.83 billion yuan in the third quarter, over atotal net profit of 28.21 billion yuan, or an average net profit margin of around 7.5 percent. Of these 58 companies, net profit margins of 21 were above10 percent, and those of 37 were below 10 percent.

Zhang Dawei, chief analyst of Centaline Property, predicted that the net profit margin of property companies would reduce to 8 percent for the entire 2015, and those less competitive developers would transfer to other industries.