tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Central China Management Reports Decline in Contracted Sales Amid Expansion Efforts

Story Highlights
  • Central China Management reported a 30.9% decrease in newly contracted GFA for early 2025.
  • Despite a 23.5% drop in sales, the company expanded its reach outside Henan province.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Central China Management Reports Decline in Contracted Sales Amid Expansion Efforts

Elevate Your Investing Strategy:

Central China Management Company Limited ( (HK:9982) ) has provided an announcement.

Central China Management Company Limited announced its unaudited operating data for the first five months of 2025, revealing a decrease in newly contracted gross floor area by 30.9% compared to the same period in 2024. The company managed 251 projects with a total gross floor area of over 30 million square meters, and despite a decrease in contracted sales by 23.5%, the average selling price per square meter saw a slight increase. The company’s expansion efforts outside Henan province include managing projects across nine other provinces, accounting for 12.1% of its total managed area.

More about Central China Management Company Limited

Central China Management Company Limited operates in the real estate management industry, focusing on managing a large portfolio of projects primarily in Henan province, China. The company is involved in managing contracted projects with significant gross floor areas, indicating its substantial presence in the regional real estate market.

Technical Sentiment Signal: Sell

Current Market Cap: HK$425.2M

For detailed information about 9982 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1