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[Xinhua News Agency] Evergrande Ranked First in the first half of 2012

 Date:2012.08.30   Publisher:Xinhua News Agency

It is reported from Guangzhou Branch of Xinhua News Agency on August 28 that Evergrande Real Estate Group published its performance report for the first half of 2012 in Hong Kong, which showed that the development of the Group remained stable, and it was ranked first within China in terms of several key indicators.

As the report indicated that, during the first half of 2012, Evergrande’s total assets reached 198.08 billion yuan, up 34% year-on-year; the sales volume was amounted to 37.04 billion yuan, up 15.5% year-on-year; total 34.853 million square meters of areas were under construction, up 10.1% year-on-year; and 9.142 million of areas were already completed, up 36.2% year-on-year, all of which were ranked first within China; in addition, the sales areas were totaled to 5.768 million square meters, which was also ranked first among Chinese Mainland’s real estate enterprises listed in Hong Kong; and the net profit was also totaled to 5.62 billion yuan, 1.5 times that of Vanke.