Gemdale queue management sees sales revenue soar 197.5% in April&lt;br&gt;

Blog Post New Entry

« Back to Blog « Older Entry | Newer Entry »

Gemdale queue management sees sales revenue soar 197.5% in April<br>

Posted by czynr on September 14, 2011 at 3:40 AM

Gemdale queue management sees sales revenue soar 197.5% in April
queue management quick coupler quilting & embroidery machine quilting machine quilting machine quilting machine quinceanera Dresses quinceañera dresses r4 ds card r4i card r4i dsi r4i gold r4i sdhc r4i suppliers Racing clothes railing stand rain cover Ralph Lauren Polo rattan furniture ray ban sunglasses
Gemdale sees sales revenue soar 197.5% in AprilPublished: 12 May 2009 00:02:26 PST

May 12, 2009 (China Knowledge) - Gemdale Corp<600383> announced on May 9 that its sales revenue reached RMB 1.5 billion in April, a year-on-year jump of 197.5%. Sales revenue skyrocketed 194.2% to 147,800 square meters (sq m), sources reported.

In the first four months of this year, the Shanghai-listed company recorded sales revenue of RMB 4.86 billion, an increase of 61.3% year on year. Sales area totaled 508,700 sq m, a year-on-year growth of 76.5%.

In the period from May to June, the real estate developer plans to sell 10 projects, which are located in Beijing, Shanghai, Tianjin, Nanjing, Foshan, Hangzhou, Wuhan, Xi'an and Shenyang.

Ling Ke, board chairman, said that the firm will speed up property sales to replenish its working capital this year. As of the end of last year, the enterprise owned unsold properties, including those under construction, totaling 11 million sq m in floor area.

This year, Gemdale intends to start construction on properties totaling 1.35 million sq m in area and to complete properties totaling 1.7 million sq m in area. It will remain focused on real estate development in the Pearl River Delta, the Yangzi River Delta and the area around the Bohai Sea.

Categories: None