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Central China Management Company Limited ( (HK:9982) ) just unveiled an announcement.
Central China Management Company Limited reported a decrease in newly contracted gross floor area by 64.7% for the first two months of 2025 compared to the previous year, with only one new project secured. Despite managing a total of 249 projects with a gross floor area of nearly 30 million square meters, the company experienced a decline in contracted sales by 28.8% year-on-year, reflecting challenges in the market. The company’s expansion outside Henan includes projects in nine other provinces, accounting for 12% 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, with expansion into other provinces. The company manages a significant gross floor area across numerous projects, indicating its substantial presence in the real estate sector.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$425.2M
For an in-depth examination of 9982 stock, go to TipRanks’ Stock Analysis page.