Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Latest News
 Search News  Or
Guangzhou R&F Properties' sales up 25% in Mar

Apr. 5, 2012 (China Knowledge) - Guangzhou R&F Properties Co Ltd<2777>, a real estate developer based in Guangzhou and Foshan of Guangdong Province, yesterday announced that its contracted sales surged 25% from a month earlier to RMB 3 billion in March.

Of the total sales, RMB 707 million was derived from property sales in Guangzhou and about RMB 1 billion in Beijing.

Last month, the Hong Kong-listed firm's contracted sales area increased by 3% month on month to 232,000 square meters.

In the first three months of 2012, the company sold 544,500 square meters of properties for a total of RMB 6.63 billion in contracted sales, sources reported.

Last year, Guangzhou R&F Properties' net profit increased by 8.5% year on year to RMB 4.84 billion, and the firm's operating revenue totaled RMB 27.4 billion, reflecting a year-on-year increase of 11%.

Chairman Li Sze Lim said the company will be more cautious with land purchases this year.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved