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Longfor Group's September contracted sales grow YOY to 27B yuan

Longfor Group Holdings Ltd.'s contracted sales in September increased to 27.00 billion yuan from 17.42 billion yuan in the prior-year period.

The unaudited sales figure for the period corresponds to a gross floor sales area of 1,372,000 square meters, up year over year from 1,065,000 square meters, according to an Oct. 10 filing.

In the nine months ended Sept. 30, the Chinese developer's accumulated contracted sales area rose year over year to 174.62 billion yuan from 149.08 billion yuan, while its nine-month contracted gross floor sales area climbed to 10,359,000 square meters from 9,266,000 square meters.

As of Oct. 10, US$1 was equivalent to 7.12 Chinese yuan.