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2010 June Business Updates

2010 June Business Updates

Write: Wren [2011-05-20]
During June 2010, contracted sales GFA amounted to approximately 38,700 square meters while contracted sales revenue totaled approximately RMB827 million(equivalent to approximately HK$940 million), representing year-on-year decreases of 33% and 3% respectively and representing month-on-month increases of 22% and 56% respectively.
For the firsthalf of 2010, contracted sales GFA amounted to approximately 331,800 square meters while contracted sales revenue totaled RMB5,423 million (equivalent to approximately HK$6,163 million), representing year-on-year increases of 58% and 161% respectively, and representing 61% and 69% of our full year target of 540,000 square meters and RMB7,900 million (equivalent to approximately HK$9,000 million) respectively.
For the period from 1 January 2010 to 30June 2010, the Group s sales of GFA and revenue, including contracted sale and preliminary sales (the formal sale contracts of which are expected to be entered into soon), amounted to 358,800 square meters and approximately RMB5,993 million (equivalent to approximately HK$6,810 million) respectively, representing 66% and 76% of this year s target of 540,000 square meters and RMB7,900 million (equivalent to approximately HK$9,000 million) respectively.
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.