Central China Management's Contracted Sales Decline in January-May Period

MT Newswires Live06-10

Central China Management's (HKG:9982) contracted sales for projects under management in the first five months of 2024 were about 5.92 billion yuan, over 38% down from 9.55 billion yuan in the prior-year period, according to a Friday Hong Kong Stock Exchange filing.

The contracted gross floor area declined 36.0% year over year to 986,815 square meters during the period, with an average selling price of 5,995 yuan per square meter, down from 6,193 yuan a year earlier.

The contracted sales for projects under management in May were 1.02 billion yuan. The total gross floor area sold was 170,087 square meters, and the average selling price per square meter was 5,993 yuan, the filing added.

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