Poly hit envelopes printing RMB 3 bln in contracted sales income in March

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Poly hit envelopes printing RMB 3 bln in contracted sales income in March
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2011/11/23 10:58:07

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Poly hit envelopes printing RMB 3 bln in contracted sales income in March

Poly hit envelopes printing RMB 3 bln in contracted sales income in March

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Poly hit RMB 3 bln in contracted sales income in MarchPublished: 07 Apr 2009 20:22:40 PST<p class="authorInfor"]</p]<!--begin CK content--]<P]Apr. 8, 2009 (China Knowledge) - Poly Real Estate Group Co Ltd<600048>, a leading property enterprise in China, announced today that it recorded contracted sales of RMB 3.09 billion or 373,000 square meters (sq m) last month, sources reported.</P]<P]In the period from January to March, the Shanghai-listed company's contracted sales totaled RMB 6.48 billion, an amazing year-on-year increase of 196.71% Area sold totaled 763,300 sq m, a sharp increase of 132.89% from the previous year. </P]<P]The real estate firm aims to develop 68 projects this year and plans to invest a total of RMB 21.5 billion, of which RMB 12.5 billion is for projects already under construction. </P]<P]Reportedly, Poly's net profit was RMB 2.24 billion last year, a year-on-year jump of 50.35%.<BR]</P]
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