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Sunac China's June contracted sales jump 61% YOY

Sunac China Holdings Ltd. logged a 61% year-over-year increase in contracted sales in June to 45.96 billion yuan from 28.54 billion yuan.

The sales figure for the month represents about 3,029,000 square meters of sold area, up compared to 1,502,000 square meters in the year-ago period.

In the first half of 2018, the company's sales amounted to 194.19 billion yuan, up 74% year over year from 111.84 billion yuan. The sold properties for the six-month period cover 12,119,000 square meters of space, for an average selling price of roughly 16,020 yuan per square meter.

As of July 5, US$1 was equivalent to 6.64 yuan.