China Evergrande Group Announces Contracted Sales Results for the Month and Year Ended December 2017; Provides Sales Guidance for the Year 2018
For the year 2017, the contracted sales amount was approximately RMB 500.96 billion, an increase of 34.2% over the contracted sales amount for the year 2016. The contracted sales area for the year was approximately 50.299 million square meters, the average contracted selling price for the year was RMB 9,960 per square meter, an increase of 19.2% and 12.6% over the year 2016, respectively.
The group provided sales guidance for the year 2018. The group's contracted sales target for 2018 is RMB 550.0 billion.