- Central China Real Estate published an annual results announcement reporting revenue of RMB11.82 billion, down 26.5% due to lower delivery and revenue recognized amid a downturn in the property market.
- Gross profit was RMB724.34 million, down 48.9%, and gross profit margin was 6.1%, down 2.7 percentage points.
- Loss for the year was RMB3.24 billion, while loss attributable to equity holders was RMB3.05 billion and basic loss per share was RMB103.23 cents.
- Property contract sales were RMB8.47 billion, down 16.3%, and unrecognized contracted sales were RMB21.6 billion with corresponding gross profit of RMB1.61 billion expected to be recognized in the next one to three years.
- Total cash (including cash and cash equivalents and restricted bank deposits) was RMB852.76 million, down 42.7%, and the board did not recommend a final dividend.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Central China Real Estate Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260327-12074791), on March 27, 2026, and is solely responsible for the information contained therein.
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