综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Industries

Developers saw slower growth in Sept

By He Wei in Shanghai (chinadaily.com.cn) Updated: 2012-10-11 15:59

China's leading property developers saw slower growth in September, third-quarter results showed on Wednesday.

In a statement filed with the Shenzhen Stock Exchange, China Vanke Co -- China's top real estate developer by market value -- reported monthly sales of 12.04 billion yuan ($1.90 billion) in September, down 3.76 percent year-on-year. It sold 1.05 million square meters of housing space, a 2.78 percent decrease.

In the first nine months, Vanke's revenue dropped 0.8 percent, compared with double-digit growth in the previous year. The September figures mark the end of the company's consecutive sales increase since May.

The country's second-largest developer, Poly Real Estate Group, posted 7.76 billion yuan of sales in September, down 8.5 percent month-on-month.

The Shanghai-listed Poly sold 6.69 million square meters of housing space by the end of the third quarter, up 34.03 percent compared with last year. Sales soared 32.04 percent to hit 75.6 billion yuan.

But the growth rate is still 6 percentage points lower than last year, and was a far cry from its peak in 2009 when the figure hit 165.2 percent.

Another industry heavyweight, China Merchants Property Development Co Ltd, saw revenue slide by 16.85 percent during the first nine months, and gross floor area sales declined by 18.76 percent.

Analysts believe that some property developers, especially those with good cash flow, are now expected to put more emphasis on increasing land parcels in the fourth quarter instead of boosting home sales.

hewei@chinadaily.com.cn

Hot Topics

Editor's Picks
...
体育| 同仁县| 娄烦县| 牟定县| 昌黎县| 临颍县| 仙游县| 北海市| 金华市| 闻喜县| 平乐县| 和硕县| 新田县| 弥勒县| 临西县| 博野县| 兴化市| 富顺县| 天水市| 乌拉特中旗| 崇阳县| 鸡东县| 富民县| 武陟县| 康平县| 宁陵县| 精河县| 阿合奇县| 泉州市| 桑植县| 石棉县| 宁武县| 佳木斯市| 杭锦后旗| 武汉市| 兴安盟| 淮北市| 滨州市| 元谋县| 和政县| 巢湖市|