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Poly Real Estate Group sees home sales up 15 pct y-o-y in Jan.-Oct.

BEIJING
2015-11-09 14:56

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Poly Real Estate Group Co., Ltd. (600048.SH), a leading Chinese real estate developer listed on the Shanghai Stock Exchange announced on Monday that its home sales in the first 10 months of this year rose 15.23 percent year on year to 9.58 million square meters by contractual floor space while its sales by contractual value increased 13.4 percent to 121.2 billion yuan

. In October, the firm's sales were down 13.54 percent by floor space and down 24.37 percent by value year on year to 1.01 million square meters and 11.4 billion yuan, respectively. The property developer said because of uncertainties during the procedure of sales, the sales data might be different from those disclosed in the regular financial reports, and the financial reports shall prevail.

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