HOPSON DEV HOLD Reports 36.21% Drop in Q1 Contracted Sales

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HOPSON DEV HOLD (00754) announced its operational results for the three-month period ended March 31, 2026. The total contracted sales value for the Group, including its joint ventures and associates, was approximately RMB 1.323 billion, representing a decrease of 36.21% compared to the same period last year. This figure includes property contracted sales of approximately RMB 1.221 billion and fitting-out contracted sales of approximately RMB 102 million.

For the single month of March 2026, the total contracted sales value was approximately RMB 423 million. This consisted of property contracted sales of approximately RMB 401 million and fitting-out contracted sales of approximately RMB 22 million.

During the three-month period ended March 31, 2026, the property contracted sales area for the Group and its joint ventures and associates was approximately 77,432 square meters. The average selling price for property contracts was approximately RMB 15,770 per square meter.

For properties managed under the "Hopsun" brand on a project management basis (non-self-invested properties), the total contracted sales area for the period was approximately 5,784 square meters, with a contracted sales value of approximately RMB 215 million. In March 2026 alone, the contracted sales area for these managed properties was approximately 465 square meters, generating a sales value of approximately RMB 8 million.

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