OREANDA-NEWS. China Resources Enterprise, Limited (HKEx: 00291) (the "Company", or together with its subsidiaries, the "Group") today announced its unaudited financial and operational review of the nine months ended 30 September 2014. Unaudited consolidated turnover and profit attributable to shareholders increased by 16.6% and decreased by 55.7% to HKD 131,057 million and HKD 858 million, respectively. Excluding asset revaluation, unaudited underlying consolidated profit attributable to the Company's shareholders decreased by 70.4% to HKD 567 million.

Mr. Hong Jie, Chief Executive Officer of the Company, said, "In response to the slow market growth, we are planning and staging our activities carefully in all areas of our businesses. We have maintained our expansion momentum with the support of our balance sheet management. The Group has net cash of HKD 2,342 million as at 30 September 2014. We have also strengthened our competitive advantages by combining our capabilities with those of our joint venture partner, Tesco PLC ("Tesco"), enabling us to grow through different economic cycles."