Guangzhou R&F Properties Co., Ltd.
R&F Properties’ Monthly Sales in September 2016 Surges 84% YoY to RMB8.55 Billion
R&F Properties’ Monthly Sales in September 2016 Surges 84% YoY (4 October, 2016 – HONG KONG) – Guangzhou R&F Properties Co., Ltd. (“R&F Properties” or together with its subsidiaries the “Group”; stock code: 02777) is pleased to announce that the Group’s monthly contracted sales surged by 84% year-on-year to approximately RMB8.55 billion in September with 516,100 sq.m. of GFA sold. As of September 2016, the Group has accumulated a cumulative contracted sales of RMB48.51 billion, with 3,694,100 sq.m. of GFA sold, representing a year-on-year increase of 43% and 31% respectively. The cumulative joint-venturing portion included amounted to RMB4.24 billion (approximately 293,000 sq.m. of equivalent area) while the overseas (Malaysia and Australia) portion included reached RMB0.98 billion (approximately 39,500 sq.m. of equivalent area). Mr. Adrian Chan Chi Hoo, Assistant to Chairman of R&F Properties, said, “In September, the Group delivered strong sales performance. The monthly contracted sales reached approximately RMB8.6 billion, a significant 84% year-on-year growth for the same period of last year. The Group’s new projects or phases launched within the month received an encouraging response. Significant contributions in the month were from newly launched Guangzhou R&F Yuexi, which contributed over RMB400 million in contracted sales. Harbin R&F Jiangwan New Town’s new phase of office recorded a contracted sales of approximately RMB400 million. The strong performance in September provides the Group with confidence to meet our yearly contracted sales target.” Corporate Information (In view of the presence of various uncertainties during the sales process, there may be a discrepancy between the above-mentioned sales figures and the figures disclosed in regular reports. As such, the related statistics are periodical figures for investors’ reference only.) More information about R&F Properties, please visit company website or follow official wechat. Website: http://www.rfchina.com/ Document: http://n.eqs.com/c/fncls.ssp?u=VBNPOBTTTB Document title: 161004-RF Properties-Press release-September Business Update_Eng
05/10/2016 Dissemination of a Press Release, transmitted by EQS Group. |