[ET Net News Agency, 12 August 2019] Kaisa Group Holdings Ltd. (01638) said the group
together with its joint ventures and associates recorded contracted sales of RMB5,348
million in July 2019, representing a year-on-year decrease of 18%. Contracted gross floor
area (the GFA) in July 2019 amounted to 373,448 sq.m., representing a year-on-year
decrease of 8.2%. The average selling price (the ASP) for July 2019 was RMB14,321 per
sq.m., representing a year-on-year decrease of 10.6%.
The total contracted sales of the group for the seven months ended 31 July 2019 amounted
to RMB40,038 million with the total contracted GFA of 2,334,925 sq.m., representing
increases of 25.8% and 28.1% as compared with corresponding period in 2018, respectively.
The ASP for the seven months ended 31 July 2019 amounted to RMB17,147 per sq.m.,
representing a decrease of 1.8% as compared with the corresponding period in 2018. (RC)