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China Resources Land reports August contracted sales

China Resources Land Ltd. and its subsidiaries' gross contracted sales value and gross floor area sold for August reached about 19.03 billion yuan and 1,078,742 square meters, respectively.

The contracted sales and gross floor area that were contributed by the group's projects increased 33.3% and 19.6% year over year to an estimated 16.70 billion yuan and 1,033,484 square meters.

In August 2017, the Chinese developer recorded contracted sales of 14.01 billion yuan.

As of Sept. 7, US$1 was equivalent to 6.84 yuan.