BRIEF-CIFI Holdings (Group) Co Says FY Core Net Profit Up 24.7%

March 27 (Reuters) - CIFI Holdings (Group) Co Ltd:

* FY RECOGNISED REVENUE INCREASED BY 29.3% TO RMB54.8 BILLION

* PROPOSED FINAL DIVIDEND OF RMB21.93 CENTS PER SHARE AND FURTHER PROPOSE A SPECIAL DIVIDEND OF RMB3.66 CENTS PER SHARE

* FY CORE NET PROFIT UP 24.7% TO RMB6,903 MILLION

* IN 2020, CONTRACTED SALES TARGET OF GROUP IS RMB230.0 BILLION

* SUPPLY OF SALEABLE RESOURCES OF GROUP IS SUFFICIENT THROUGHOUT 2020

* MARKET CONSOLIDATION WILL CONTINUE TO ACCELERATE IN 2020, RESULTING IN INCREASING CONCENTRATION IN INDUSTRY Source text for Eikon: Further company coverage: