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01107 MODERN LAND
RTNominal down0.021 -0.005 (-19.231%)
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03/01/2020 11:28

Modern Land (01107) 2019 contracted sales up 13%

[ET Net News Agency, 3 January 2020] Modern Land (China) Co., Limited (01107) said for
the twelve months ended 31 December 2019, contracted sales of the group amounted to
RMB36,202.59 million, a year-on-year increase of 12.58%. Out of which, contracted sales of
properties amounted to RMB35,679.60 million, whereas contracted sales of car parking
spaces amounted to RMB522.99 million. Gross floor area (GFA) sold for properties was 3.38
million square metres (sq.m.), with an average selling price of RMB10,554 per sq.m.
In December 2019, contracted sales of the group amounted to RMB4,437.28 million, a
year-on-year increase of 37.37%. Out of which, contracted sales of properties amounted to
RMB4,288.19 million, whereas contracted sales of car parking spaces amounted to RMB149.09
million. GFA sold for properties was 334,405 sq.m., with an average selling price of
RMB12,823 per sq.m. (RC)

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