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2011 February Business Updates

2011 February Business Updates

Write: Pompey [2011-05-20]
During February 2011, the contracted sales GFA amounted to approximately 25,500 square meters while the contracted sales revenue totaled approximately RMB404 million, representing increases of 41.7% and 48.0% year-on-year respectively. The Lunar New Year holiday, which fell during February this year, contributed to decreases of 46.7% and 48.9% respectively on a month-on-month basis.
For the two months ended 28 February 2011, the contracted sales GFA amounted approximately 73,300 square meters while the contracted sales revenue totaled RMB1,194 million, representing year-on-year decreases of 43.8% and 41.2% respectively. The decline was mainly due to the fact that the Group had new launches of Jiang Nan New Mansion, Springland Gardan, Ling Nan Riverside at the same period last year.
Yuexiu Property Company Limited
Yuexiu Property Company Limited (HKEx Stock Code: 00123) (the Company ) was listed in Hong Kong in 1992 and is one of the top 10 integrated property developers in Guangzhou with its businesses mainly concentrated in the Guangzhou area, Pearl River Delta, Yangtze River Delta, the Bohai Rim and the central region.
Disclaimer
The Company wishes to remind investors that the above operational statistics are based on the Group s internal records which are unaudited. Differences may arise between such statistics and the data disclosed in subsequent audited financial statements. Such statistics are provisional and for reference purposes only. Investors are cautioned not to rely unduly on such statistics.