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Longfor Group's August contracted sales rise YOY to 22B yuan

China's Longfor Group Holdings Ltd. logged 22.00 billion yuan of contracted sales in August, up year over year from 17.32 billion yuan in August 2018.

The unaudited sales figure for the reporting month reflects 1,321,000 square meters of contracted gross floor sales area.

In the eight-month period ended Aug. 30, the group recorded 147.62 billion yuan of contracted sales, representing 8,987,000 square meters of gross floor area. The figures represent an increase compared to 131.66 billion yuan of contracted sales, representing 8,201,000 square meters of gross floor area, in the year-earlier period.

As of Sept. 10, US$1 was equivalent to 7.11 yuan.