During May 2010, contracted sales GFA amounted to approximately 31,700 square meters while contracted sales revenue totaled approximately RMB529 million (equivalent to approximately HK$601 million), representing year-on-year decreases of 2% and increases of 171% respectively.
For the first five months of 2010, contracted sales GFA amounted to approximately 293,100 square meters while contracted sales revenue totaled RMB4,596 million (equivalent to approximately HK$5,223 million), representing year-on-year increases of 92% and 275% respectively, and representing 54% and 58% 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 31May 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 324,100 square meters and approximately RMB5,126 million (equivalent to approximately HK$5,825 million) respectively, representing 60% and 65% 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.
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