SEAZEN Reports 38.46% Year-on-Year Decline in First-Half Contract Sales to Approximately RMB 6.357 Billion

Stock News07-10

SEAZEN Holdings Company Limited (SEAZEN) (01030) has released its operational figures.

In June 2026, the group achieved contracted sales amounting to approximately RMB 957 million, representing a year-on-year decrease of 35.9%. The contracted sales area for the month was about 153,400 square meters.

For the cumulative period from January to June 2026, the total contract sales value reached approximately RMB 6.357 billion, marking a 38.46% decline compared to the same period last year. The cumulative sales area was about 1.0248 million square meters.

As of June 2026, the group's portfolio consisted of 182 investment properties for rent, with a total gross floor area of approximately 16.7864 million square meters.

Rental income for June 2026 was approximately RMB 1.108 billion. Commercial operations revenue, which includes tax-inclusive rental income, was about RMB 1.187 billion for the month.

For the first six months of 2026, cumulative rental income totaled approximately RMB 6.636 billion. Cumulative commercial operations revenue reached about RMB 7.112 billion, which also represents tax-inclusive rental income.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment