CHINA RES LAND (01109.HK) announced that for the first 3 months of 2017, the company achieved accumulated contracted sales of RMB30.43 billion with a contracted GFA of 2.217 million square meters, up 15% and 12% yearly respectively. In March alone, the company achieved contracted sales of approximately RMB11.86 billion with contracted GFA of approximately 886,000 square meters.
In March 2017, the group acquired 9 land parcels in Nanjing, Jinan, Tianjin, Tangshan, Hefei and Beijing with total gross floor area (GFA) of approximately 2.806 million square meters. The attributable land premium payable by the group in respect of the relevant land acquisition amounted to approximately RMB11.892 billion. (AAStocks Financial News) 2017/04/12