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| − | + | Have you seen any good films recently? <a href=" http://www.cathypickens.com/collegs-papers/ ">write me a paper</a> Subdued margins: Despite major improvements in its business scale over the past three years, EBITDA margin showed a downward trend to 22% in 2012 from 40% in 2010, due to rising competition and higher land costs in China. Fitch expects margins to remain similar over the next 12 months until the company sells off old inventory in newly acquired projects. | |
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Revision as of 04:41, 5 August 2014
Have you seen any good films recently? <a href=" http://www.cathypickens.com/collegs-papers/ ">write me a paper</a> Subdued margins: Despite major improvements in its business scale over the past three years, EBITDA margin showed a downward trend to 22% in 2012 from 40% in 2010, due to rising competition and higher land costs in China. Fitch expects margins to remain similar over the next 12 months until the company sells off old inventory in newly acquired projects.