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03333 EVERGRANDE
RTNominal unchange0.163 0.000 (0.000%)
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03/11/2020 16:50

Evergrande (03333) reaches 97.3% of contracted sales target

[ET Net News Agency, 3 November 2020] China Evergrande Group (03333) said for the
period from 1 September 2020 to 31 October 2020, the group achieved contracted sales of
properties of RMB181.97 billion. From January to October this year, the aggregate
contracted sales amounted to RMB632.59 billion, which has exceeded the sales amount of
RMB601.06 billion for the whole of last year, and achieving 97.3% of the contracted sales
target of RMB650 billion for this year.
For the period from 1 September 2020 to 31 October 2020, the group achieved a cash
collection of RMB135.85 billion, representing a year-on-year growth of 25.4%. From January
to October this year, the aggregate cash collection amounted to RMB530.74 billion, which
has significantly exceeded the cash collection amount of RMB471.50 billion for the whole
of last year. (RC)

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