Yuexiu Property Co. Ltd. Reports 26.5% Increase in Accumulated Contracted Sales Through May 2025 Despite Monthly Decline

Reuters
06 Jun
Yuexiu Property Co. Ltd. Reports 26.5% Increase in Accumulated Contracted Sales Through May 2025 Despite Monthly Decline

Yuexiu Property Co. Ltd. has announced its unaudited sales statistics as of May 31, 2025. The company's contracted sales value for May 2025, which includes sales from joint ventures and associates, reached approximately RMB9,581 million. This figure represents a year-on-year decrease of around 4.9%. The gross floor area $(GFA)$ associated with these contracted sales was approximately 244,600 square meters, marking a notable year-on-year decrease of approximately 33.9%. For the period from January to May 2025, the company's accumulated contracted sales amounted to roughly RMB50,700 million, indicating a significant year-on-year increase of about 26.5%. However, the GFA for these accumulated sales was approximately 1,169,100 square meters, which is a year-on-year decrease of approximately 16.1%. The accumulated contracted sales value represents about 42.1% of Yuexiu Property's 2025 sales target of RMB120.5 billion. No new land acquisitions were made in May 2025. The data shared is unaudited and based on the company's internal information, which may differ from future audited financial statements due to uncertainties in data collection and collation. Investors are advised to exercise caution and seek professional advice when dealing with the company's securities.

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. Yuexiu Property Co. Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.

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