SEAZEN (01030) Reports 52.2% YoY Drop in Contract Sales to RMB16.47B in First 10 Months

Stock News
2025/11/11

SEAZEN (01030) announced that in October 2025, the group achieved contracted sales of approximately RMB1.42 billion, representing a 45.76% year-on-year decrease, with contracted sales area reaching about 191,500 square meters. From January to October 2025, cumulative contract sales amounted to roughly RMB16.47 billion, down 52.2% YoY, while total sales area reached approximately 2.15 million square meters.

As of October 2025, the group operated 177 rental properties with a total gross floor area of about 16.30 million square meters. October's rental income stood at approximately RMB1.11 billion, and commercial operation revenue reached RMB1.19 billion (including tax). For the first ten months of 2025, cumulative rental income totaled RMB10.91 billion, with cumulative commercial operation revenue amounting to RMB11.70 billion (including tax).

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