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Sunac China's 11-month sales jumps 132% YOY to 301.94B yuan

Sunac China Holdings Ltd.'s sales during the 11 months ended Nov. 30 amounted to 301.94 billion yuan, up by 132% year over year.

The company's unaudited 11-month sales figure, which reflects a sales area of roughly 17,891,000 square meters, comprises contracted sales of 297.85 billion yuan and a subscription value amounting to 4.09 billion yuan.

During the reporting period, the company's average selling price was about 16,880 yuan per square meter.

In November, Sunac China's subscription and contracted sales both grew by 120% year over year to 50.86 billion yuan and 49.43 billion yuan, respectively. The contracted sales area and average selling price during the month were respectively estimated at 3,288,000 square meters and 15,040 yuan per square meter.

As of Dec. 4, US$1 was equivalent to 6.62 yuan.