Sino-Ocean Group Reports RMB1.42 Billion Contracted Sales for March 2026; Q1 Tally Reaches RMB3.04 Billion

Bulletin Express04-14

Sino-Ocean Group Holding Limited (Sino-Ocean Group) released unaudited operating statistics for March 2026 and the three months ended 31 March 2026.

In March, contracted sales from the Group together with its joint ventures and associates totalled RMB1.42 billion, generated from 93,600 sq.m. of gross floor area (GFA), implying an average selling price (ASP) of RMB15,200 per sq.m.

For the first quarter of 2026, accumulated contracted sales reached RMB3.04 billion on 212,000 sq.m. of GFA, with an ASP of RMB14,300 per sq.m.

Agent-construction projects contributed additional contracted sales of RMB0.22 billion in March, covering 20,900 sq.m. of GFA at an ASP of RMB10,500 per sq.m. Cumulatively for Q1 2026, these projects delivered RMB0.50 billion in contracted sales across 48,800 sq.m., translating to an ASP of RMB10,200 per sq.m.

The company emphasised that all figures are preliminary and unaudited; they may differ from data that will appear in subsequent financial statements. Sino-Ocean Group advises shareholders and investors to interpret the information with caution and seek professional advice where necessary.

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