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Vanke (000002.SZ) Jan-Oct sales up 17.3pct o-y to RMB171.14 bln

2014-11-05 08:36

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   BEIJING, Nov. 5 (Xinhua Finance) -- China Vanke Co. (000002.SZ), the country's biggest property developer, said on Wednesday that its sales totaled 171.14 billion yuan in the first ten months of 2014, up 17.3 percent year on year.

The developer said that it sold about 14.54 million square meters of houses in January-October, up 14.8 percent year on year.

Compared with September, the company added four new projects in October, of which three projects are completely self-owned. In the future, it will likely introduce partners to jointly develop some projects, said Vanke.

In October, the developer sold about 1.9 million square meters of houses with sales value at 22.09 billion yuan.
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