KWG Property Achieves 82% of Sales Target for Year, Morning Post Reports

KWG Property Holding Ltd. had achieved 82 percent of its full-year sales target of 10 billion yuan as of the end of last month, the South China Morning Post said, citing Chief Financial Officer Kenneth Leung.

The company had contract sales of 8.2 billion yuan on Aug. 31, the Hong Kong-based English-language newspaper reported today. The average selling price was 11,575 per square meter, 31 percent more than in the first half of last year, the Post said.

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