Central China Management Logs 896 Million Yuan in April Contracted Sales

MT Newswires Live
05-12

Central China Management (HKG:9982) recorded contracted sales of 896 million yuan for projects under its management in April, with a gross floor area (GFA) of 145,883 square meters, a Friday Hong Kong bourse filing said.

The property firm's average selling price for the month was 6,138 yuan per square meter.

From January to April, contracted sales and GFA for projects under the company's management fell 27% and 26% year over year to 3.59 billion yuan and 606,093 square meters, respectively.

In April, the firm secured two newly contracted projects with a GFA of 84,500 square meters. For the four months ended April 30, the company had four new contracted projects with a GFA of 182,400 square meters, down 55% from a year prior.

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