SEAZEN Reports 40.89% Drop in Seazen Holdings' Q1 Contract Sales

Stock News04-13 19:00

SEAZEN announced the operational brief for Seazen Holdings Co.,Ltd. for March and the first quarter of 2026. In March, the company achieved a total commercial operation revenue of approximately 1.196 billion yuan, representing a year-on-year increase of 3.18%. For the January to March period, the cumulative total commercial operation revenue reached about 3.545 billion yuan, up 2.82% compared to the same period last year. The company's contract sales value for March was about 1.079 billion yuan, a decrease of 49.28% year-on-year, with the sales area totaling around 191,800 square meters, down 29.36% from the previous year. For the first quarter, the cumulative contract sales value amounted to approximately 3.016 billion yuan, marking a 40.89% decline compared to the same period last year. The cumulative contract sales area was about 526,500 square meters, which is 19.95% lower than the previous year.

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