World House sells more than 140 billion yuan this year

Shimao Real Estate (813) announced yesterday that its contract sales target for this year was RMB 140 billion (RMB, the same below), which is approximately 40% higher than last year’s sales. Last year, contract sales reached 100.77 billion yuan, an increase of 47.9% year-on-year, exceeding 114.5%. As of the end of last year, the company’s net profit for 2017 was approximately RMB 7.84 billion, an increase of 51.6% year-on-year. The final dividend of HK$0.6 per share was distributed. The total dividend per share for the year amounted to HK$1, an increase of 31.6% year-on-year.