Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Latest News
 Search News  Or
Poly Real Estate's property sales up 47.27% in Mar

Apr. 10, 2012 (China Knowledge) - Poly Real Estate Group Co Ltd<600048>, a major property developer in China, announced yesterday that its contractual sales rose 47.27% year on year to RMB 9.74 billion in March this year.

The company said in a statement that its sales area surged 55.08% year on year to 936,100 square meters.

In the first quarter of this year, Poly Real Estate saw its contractual sales climb 6.07% year on year to 14.87 billion and sales area amount to 1.44 million sq m, 8.98% more than in the same period of last year.

Last month, a fully-owned subsidiary of Poly Real Estate teamed up with an equity investment firm to buy a plot in Foshan of Guangdong Province for RMB 1.87 billion. The plot, to be developed for mixed-use properties, covers a land area of 252,445 sq m and will have gross floor area of 625,000 sq m.

The developer said earlier that its net profit grew 32.74% year on year to RMB 6.53 billion last year.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

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

 E-Store

 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