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With RMB84.63 Billion Sales Revenues In The Past 11 Months, Evergrande Surpasses Its Annual Sales Target Ahead Of Time

Market analysts noted that under the continued effect of a rigidly controlled environment, the strategic layout and accurate market positioning of Evergrande have gone along with the market dynamics, the relevant policies and strong demand. Its abundant supply and persistence of high turnover featuring fast development and fast sales have ensured the availability of properties for sale all the year round, while its practice of small profits but quick turnover has supported the continuous growth of results. These factors have vested Evergrande with greater advantages in responding to the market control and surpassing the annual target.

In October last year, when Evergrande fulfilled its annual plan ahead of time, it slowed down the tempo of sales in the remaining two months. In November this year, Evergrande once again fulfilled its annual plan ahead of time and exceeded last year's figure by 5.3 percent, which again honored the promise made by Board Chairman Hui Ka Yan, "All the plans drawn up by Evergrande will be over-fulfilled." In the last month of the year, intense selling and the fulfillment of its annual sales will capture the attention of the industry.

 

SOURCE Sina Leju

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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