Poly Real Estate reports rising June property sales

Xinhua News,BEIJING
2020-07-08 20:25

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BEIJING, July 8 (Xinhua) -- Major Chinese real estate developer Poly Developments and Holdings Group Co., also known as Poly Real Estate, posted growth in contracted property sales amounts in June.

Its contracted property sales edged up by 8.15 percent year on year to 68.85 billion yuan (about 9.8 billion U.S. dollars) last month, the company said in a statement filed with the Shanghai Stock Exchange.

The company's contracted property sales for the first half of this year totaled 224.54 billion yuan, down 11.12 percent from the previous year.

During the January-June period, contracted floor areas sold reached 14.92 million square meters, 8.81 percent lower than a year ago, the statement showed.
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