SEAZEN Reports 38.89% Decrease in Cumulative Contracted Sales for First Five Months

Stock News06-10

SEAZEN (HKEX: 01030) announced its operational results for May 2026. The group achieved contracted sales of approximately RMB 1.393 billion during the month, representing a year-on-year decrease of 29.4%. The contracted sales area for the month was approximately 205,000 square meters.

For the cumulative period from January to May 2026, the total contracted sales amount was approximately RMB 5.4 billion, which is a 38.89% decline compared to the same period last year. The cumulative sales area reached about 871,300 square meters.

In terms of its investment property portfolio, the group held 181 rental properties as of May 2026, with a total gross floor area of approximately 16.7112 million square meters. Rental income for May 2026 was about RMB 1.128 billion, while commercial operation revenue, which includes tax-inclusive rental income, amounted to approximately RMB 1.209 billion.

Accumulated rental income from January to May 2026 totaled roughly RMB 5.528 billion. The cumulative commercial operation revenue for the same five-month period reached about RMB 5.925 billion.

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