SEAZEN Reports 40.89% Drop in Seazen Holdings' Q1 Contract Sales

Stock News
04/13

SEAZEN announced the operational brief for Seazen Holdings Co.,Ltd. for March and the first quarter of 2026. In March, the company achieved a total commercial operation revenue of approximately 1.196 billion yuan, representing a year-on-year increase of 3.18%. For the January to March period, the cumulative total commercial operation revenue reached about 3.545 billion yuan, up 2.82% compared to the same period last year. The company's contract sales value for March was about 1.079 billion yuan, a decrease of 49.28% year-on-year, with the sales area totaling around 191,800 square meters, down 29.36% from the previous year. For the first quarter, the cumulative contract sales value amounted to approximately 3.016 billion yuan, marking a 40.89% decline compared to the same period last year. The cumulative contract sales area was about 526,500 square meters, which is 19.95% lower than the previous year.

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