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Central China Management Sees Decline in Contracted Sales Amid Expansion Efforts

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Central China Management Sees Decline in Contracted Sales Amid Expansion Efforts

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

Central China Management Company Limited reported a decrease in newly contracted gross floor area by 45.1% for the first eight months of 2025 compared to the same period in 2024, with a total of 12 new projects. The company is expanding its operations outside Henan province, managing projects across nine other provinces, which now account for 12.6% of its total managed GFA. Despite a 20% decline in contracted sales to RMB7,280 million, the average selling price per square meter increased by 1.4% year-on-year, indicating potential resilience in pricing amidst a challenging market environment.

More about Central China Management Company Limited

Central China Management Company Limited operates in the real estate industry, focusing on property management services. The company manages a wide range of projects, primarily in Henan province, but also expanding into other regions in China.

Technical Sentiment Signal: Sell

Current Market Cap: HK$425.2M

For a thorough assessment of 9982 stock, go to TipRanks’ Stock Analysis page.

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