Shui On Land contracted sales climb to 14.5b yuan

Business | 9 Jan 2019 5:30 pm

Shui On Land (0272) posted that accumulated contracted property sales for 2018 increased 40 percent year-on-year to 14.53 billion yuan (HK$16.68 billion).

Total contracted property sales and other assets disposal amounted to 22.28 billion yuan for the year, up 4 percent from 2017, comprising residential property sales of 14.12 billion yuan, commercial property sales of 410 million yuan and other assets disposal of 7.75 billion.

The other assets disposal saw a year-on-year decline of 29 percent.

The stock rose 1.18 percent to close at HK$1.72.

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