Shanghai Lujiazui Finance & Trade Zone (SHA:600663, SHA:900932) posted first-half real estate leasing cash inflow of 1.85 billion yuan, down 14% from the previous year.
The residential property manager's cash inflow from equity-based leasing was also down 14% year over year to 1.52 billion yuan, according to a filing with the Shanghai bourse.
The company held 4.0 million square meters in operating properties as of the end of June.
Shares of Shanghai Lujiazui Finance & Trade Zone were down 4% in recent trade.
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