Yuexiu Property’s Contracted Sales Value Reached RMB 12.5 Billion in the First, Nine Months Completed 86% of the Full-year Sales Goal
Release Date:2013-10-10 11:30:00

On the afternoon of October 9, Yuexiu Property Company Limited announced its results in September. Yuexiu Property’s contracted sales value of September amounted to RMB 1.443 billion, indicating a year-on-year rise of 3%; and the corresponding contracted sales gross floor area (“GFA”) amounted to 110,500 square meters, indicating a year-on-year decrease of 16%.

However,from last January to last September, aggregate contracted sales value of the Company rose 14% on a year-on-year basis to approximately RMB 12.496 billion, indicating approximately 86% of the upgraded full-year sales goal of RMB 14.5 billion for the whole year. Aggregated contracted sales of GFA rose 5% on a year-on-year basis to 940,300 square meters, accounting for 79% of the upgraded full-year goal of 1,190,000 square meters.

Besides, if the preliminary sales (formal sales contracts are expected to be entered into soon) were included, the aggregate value of contracted sales of the first nine months of this year and preliminary sales Yuexiu Property were approximately RMB 13.394 billion and the aggregate GFA of contracted sales and preliminary sales totaled approximately 1,012,300 square meters.

Late August when Yuexiu Property released its interim performance report, it announced that it would upgrade its sales goal to RMB 14.5 billion from RMB 13.2 billion.