Minmetals Land Limited announced sales results for the first quarter ended March 31, 2015. For the quarter, the company announced contracted sales were approximately RMB 1.16 billion and contracted gross floor area sold amounted to approximately 66,200 square meters, which represented growth of 33.1% and 62.5% respectively. Total numbers of units sold during the period were 562, up 70.3% year-on-year and the average selling price reached approximately RMB 17,600 per square meter.

The company provided sales guidance for the full year or fiscal 2015. For the year, the company has set its 2015 contract sales target at RMB 8 billion.