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Evergran leaflet printing de Real Estate's revenue hits RMB 26.2 bln in Jan-Nov

เข้าชม/อ่าน 279 ครั้ง2012-5-19 10:41

Evergran leaflet printing de Real Estate's revenue hits RMB 26.2 bln in Jan-Nov
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Evergrande Real Estate's revenue hits RMB 26.2 bln in Jan-NovPublished: 09 Dec 2009 23:40:38 PST

Dec. 10, 2009 (China Knowledge) - Evergrande Real Estate Group Ltd<3333> sold 4.98 million square meters of properties for RMB 5,272 per sq m or RMB 26.27 billion in total, whereas it only realized RMB 6 billion in sales revenue last year, according to a statement filed with the Hong Kong Stock Exchange on Tuesday.

The real estate developer's sales revenue for last month was RMB 2.67 billion. It sold 396,000 sq m at an average price of RMB 6,744 per sq m.

So far, Evergrande Real Estate Group has poured more than RMB 10 billion into the property market after its debut in Hong Kong on Nov. 5. The enterprise is principally increasing its investment in Tianjin, Jinan and Chongqing.

President Xu Jiayin said that the firm aims to reap around RMB 30 billion in sales revenue in 2009 and to realize between RMB 40 billion and RMB 45 billion in 2010.

The company currently has land reserves exceeding 50 million sq m of potential floor area, whereas it only had 6 million sq m three years ago. The firm will purchase more parcels if the reserves fall below 50 million sq m, Xu added.