Central China Management Logs Nearly 1.3 Billion Yuan in June Contracted Sales; Shares Up 6%

MT Newswires Live07-09

Central China Management (HKG:9982) recorded contracted sales of around 1.26 billion yuan in June, with a contracted gross floor area (GFA) of 196,706 square meters, a Monday bourse filing said.

The property manager's average selling price during the month was 6,386 yuan per square meter.

For the first half of 2024, contracted sales and GFA reached 7.17 billion yuan and nearly 1.2 million square meters, down 45% and 43%, respectively.

The company obtained 10 newly contracted projects in June with a contracted gross floor area of 754,900 square meters, according to the filing.

Shares of the company were up nearly 6% in recent trade.

Price (HKD): $0.11, Change: $+0.01, Percent Change: +5.77%

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