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glorious property holdings (845) Snapshot

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glorious property holdings (845) Details

Glorious Property Holdings Limited, an investment holding company, develops and sells large-scale real estate properties in the People’s Republic of China. The company primarily develops residential, hotel, serviced apartment, office, and retail commercial properties. As of December 31, 2014, it had a total land bank of 14.8 million square meters in Shanghai Region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. The company has approximately 31 projects in 13 cities, including Beijing, Tianjin, Shanghai, Wuxi, Suzhou, Nanjing, Nantong, Hefei, Harbin, Changchun, Shenyang, and Dalian. It is also involved in the wholesale of construction materials, mechanical equipment, and building materials; and provision of culture, advertising planning, advisory, business consulting, and business and property management services, as well as interior and exterior decoration, and renovation services. Glorious Property Holdings Limited was founded in 1996 and is headquartered in Central, Hong Kong.

907 Employees
Last Reported Date: 09/29/15
Founded in 1996

glorious property holdings (845) Top Compensated Officers

Chief Executive Officer, Vice Chairman of The...
Total Annual Compensation: CNY1.8M
Chairman of the Board, Chairman of Nomination...
Total Annual Compensation: CNY7.0M
Chief Financial Officer, Vice President, Exec...
Total Annual Compensation: CNY997.0K
Head of Project Budgeting, Vice President and...
Total Annual Compensation: CNY997.0K
Compensation as of Fiscal Year 2014.

glorious property holdings (845) Key Developments

Glorious Property Holdings Limited Reports Unaudited Group Sales Results for the Month and Year to Date Ended October 30, 2015

The board of directors of Glorious Property Holdings Limited announced that for the month of October 2015, the Group achieved contracted sales of approximately RMB 1,448.4 million, representing a month-on-month increase of 178.4% and a year-on-year increase of 206.2%. The total contracted sold area was 57,178 square meters, representing a month-on-month increase of 150.6% and a year-on-year increase of 134.4%. The average contracted selling price was RMB 25,332 per square meter. For the ten months ended October 31, 2015, the total contracted sales and contracted sold area of the Group amounted to approximately RMB 4,706.0 million and 234,896 square meters, representing an increase of 43.0% and 9.8% respectively as compared to the same period of last year. The average contracted selling price was RMB 20,035 per square meter.

Glorious Property Holdings Limited Reports Sales Results for the Month of October 2015

Glorious Property Holdings Limited reported sales results for the month of October 2015. For the period, the company announced contracted sales of approximately RMB 1,364 million and sold area of 51,852 square meters during the period from October 01, 2015 to October 25, 2015.

Glorious Property Holdings Limited Reports Unaudited Group Sales Results for the Month and Year to Date Ended September 30, 2015

Glorious Property Holdings Limited reported unaudited group sales results for the month and year to date ended September 30, 2015. For the month, the group achieved contracted sales of approximately RMB 520.2 million, representing a month-on-month increase of 174.6% and a year-on-year increase of 166.7%. The total contracted sold area was 22,812 square meters, representing a month-on-month increase of 84.6% and a year-on-year increase of 78.1%. The average contracted selling price was RMB 22,804 per square meter. For the nine months ended September 30, 2015, the total contracted sales and contracted sold area of the group amounted to approximately RMB 3,257.6 million and 177,718 square meters, representing an increase of 15.6% and a decrease of 6.2% respectively as compared to the same period of last year. The average contracted selling price was RMB 18,330 per square meter.

 

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