Central China Management Contracted Sales Decline in January-June Period

MT Newswires Live07-09

Central China Management (HKG:9982) contracted sales for projects under management in the first six months of 2024 were about 7.17 billion yuan, down over 45% 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 43% year over year to 1,183,521 square meters during the period, with an average selling price of 6,060 yuan per square meter, down from 6,325 yuan a year earlier.

The contracted sales for projects under management in June were 1.26 billion yuan. The total gross floor area sold was 196,706 square meters, and the average selling price per square meter was 6,386 yuan, the filing added.

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

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