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

Latest News
 Search News  Or
Agile Property's sales down 32% in Q1

Apr. 16, 2012 (China Knowledge) - Agile Property Holdings Ltd<3383>, a Hong Kong-listed developer of large-scale residential projects, has announced that its contractual sales totaled RMB 6.39 billion in the first quarter of this year, 32% less than in the same period of last year.

The Hong Kong-listed developer sold 522,000 square meters of properties in the first three months, reflecting a year-on-year decrease of 27.5%.

Average sales price dropped 6% year on year to RMB 12,200 per square meter in the quarter.

In March alone, the firm's contractual sales fell 15% year on year to RMB 2.2 billion. Sales area was 219,000 sq m, with average sales price further decreasing to RMB 10,000 per sq.

In 2011, Agile Property reaped RMB 4.11 billion in net profit attributable to shareholders, reflecting a year-on-year drop of 31.3% from RMB 5.98 billion, China Knowledge reported earlier.

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