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Poly Real Estate reports rising sales in January-April

Abstract : Major Chinese real estate developer Poly Developments and Holdings Group Co., also known as Poly Real Estate, posted growth in sales in the first four months of the year.

BEIJING, May 15 (Xinhua) — Major Chinese real estate developer Poly Developments and Holdings Group Co., also known as Poly Real Estate, posted growth in sales in the first four months of the year.

Its contracted property sales went up 61.57 percent year on year to 175.48 billion yuan (27.3 billion U.S. dollars) during the January-April period, the company said in a statement filed with the Shanghai Stock Exchange.

Its contracted floor areas sold reached 10.49 million square meters during the period, up 42.89 percent year on year, the statement showed.

In April, the company’s contracted property sales totaled 51.2 billion yuan, surging by 36.22 percent from the same period last year. Enditem

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Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy,BRI Trade,BRI Investment,Belt and Road weekly,Know Belt and Road,and the integrated information services for the Belt and Road Initiative (BRI).

Source: Poly Real Estate reports rising sales in January-April

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