CSI Properties Limited Reports FY 2025 Sales of c.HK$1.55 Billion, Unrecognized Contracted Sales Commitment at c.HK$1.22 Million

Reuters
07/02
CSI Properties Limited Reports FY 2025 Sales of c.HK$1.55 Billion, Unrecognized Contracted Sales Commitment at c.HK$1.22 Million

CSI Properties Limited has announced its financial results for FY 2025, reporting significant sales and contracted sales commitments. The company achieved approximately HK$1.55 billion in sales and has an unrecognized contracted sales commitment of around HK$1.22 million, including joint ventures and associates. This performance was achieved despite a challenging market environment. The company's sales highlights include contributions from multiple sectors, such as PRC residential properties, Hong Kong commercial and residential properties, and Singapore residential properties. The total sales figure stood at HK$1.573 billion, with a deduction of non-controlling interests amounting to HK$21.652 million, resulting in contracted sales attributable to the group of HK$1.551 billion. In terms of property disposals, CSI has completed several key transactions to maintain a healthy cash flow. Notable disposals during the period include units at Broadway Center in Macau, triplex units at Dukes Place in Jardine's Lookout, and multiple units at locations such as Knightsbridge in Beijing and Jervois Garden in Singapore. CSI Properties Limited continues to focus on strategic sales and disposals to ensure financial stability and maintain its position in the property market.

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. CSI Properties Limited published the original content used to generate this news brief on July 02, 2025, and is solely responsible for the information contained therein.

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