Poly Real Estate contracted sales up 14% in Jan-Sept

BEIJING - China's major developer Poly Developments and Holdings Group Co, also known as Poly Real Estate, saw steady rise in contracted sales in the first nine months this year, the company said Friday.

Contracted sales totaled 346.78 billion yuan ($49 billion) during the January-September period, up 14.2 percent year-on-year, the company said in a statement filed with the Shanghai Stock Exchange.

During the period, contracted floor area sold reached 22.94 million square meters, up 13.29 percent year-on-year, the statement said.

In September, contracted sales reached 36.81 billion yuan, down 0.18 percent year-on-year, it said.