Central China Management's Sales Fell 29% in Q1

MT Newswires Live

2025/04/11

Central China Management (HKG:9982) recorded sales of projects under management of 2.69 billion yuan in the first quarter, down 29% from 3.80 billion yuan in the year-ago period, according to a Thursday filing with the Hong Kong exchange.

Contracted sales area declined 28% to 460,210 square meters from 636,992 square meters.

The average monthly selling price declined 1.9% to 5,844 yuan per square meter from 5,957 yuan per square meter a year earlier.

The company secured one newly contracted project in March with a gross floor area of 27,400 square meters.

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