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2010 September Business Updates

2010 September Business Updates

Write: Curan [2011-05-20]
During September 2010, contracted sales GFA amounted to approximately 51,800 square meters while contracted sales revenue totaled approximately RMB700million, representing increases of 98% and 111% year-on-year respectively and representing month-on-month increases of 116% and 39% respectively.
For the nine months ended 30September 2010, contracted sales GFA amounted to approximately 418,300 square meters while contracted sales revenue totaled RMB6,816 million, representing year-on-year increases of 55% and 142% respectively, and representing 77% and 86% of the Group s full-year targets of 540,000 square meters and RMB7,900 million respectively.
For the period from 1 January 2010 to 30September 2010, the Group s sales of GFA amounted to 489,000 square meters, representing 91% of this year s targets of 540,000 square meters. Revenue including contracted sale and preliminary sales (of which formal sale contracts are expected to be entered into soon) was RMB7,954 million, exceeding this year s targets of RMB7,900 million.
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.
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.