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Poly (Hong Kong)'s contractual sales up 34% in Jan-Jul

Aug. 9, 2012 (China Knowledge) - Poly (Hong Kong) Investments Ltd<0119>, a subsidiary of state-owned China Poly Group Corp, has announced that its contractual sales surged 34% YoY to RMB 12.8 billion in the first seven months of this year.

The company said in a statement that its contractual sales area climbed 9% YoY to 1.38 million square meters in the seven-month period.

In the month of July, the company's contractual sales were RMB 2.6 billion.

As of the end of last month, the company had about 23 million sq m of properties under construction and land reserves.

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