China's Evergrande says contract sales target for 2013 at $16 bln

Mon Jan 14, 2013 5:15am EST

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Jan 14 (Reuters) - Chinese home builder Evergrande Real Estate Group said on Monday its contract sales for 2013 are targeted at 100 billion yuan ($16 billion), up 25 percent from last year.

Evergrande, which focuses on mass-market housing in more remote parts of China, said in a statement to the Hong Kong stock exchange that 2012 contract sales were 80 billion yuan.

For statement, please click here. ($1 = 6.2161 Chinese yuan) (Reporting By Anne Marie Roantree; Editing by Michael Urquhart)

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