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Sunac China posts 27% YOY rise in August contracted sales

Sunac China Holdings Ltd.'s contracted sales in August grew 27% year over year to roughly 51.27 billion yuan.

The unaudited sales figure represents a contracted sales area of approximately 3,518,000 square meters and a contracted average selling price of about 14,570 yuan per square meter.

In the eight months ended Aug. 30, Sunac China accumulated approximately 306.58 billion yuan of contracted sales, up 15% year over year. Its contracted sales area for the period was about 21,016,000 square meters, while its contracted average selling price came to about 14,590 yuan per square meter.

As of Sep. 5, US$1 was equivalent to 7.15 Chinese yuan.