Central China Management’s Operating Data Declines

Central China Management Company Limited (HK:9982) has released an update.

Central China Management Company Limited reported a significant downturn in their operating data for the period ending September 2024, with a 72.3% decrease in newly contracted gross floor area and a 47.4% decline in contracted sales compared to the previous year. The Group also experienced a decrease in both contracted sales GFA and the average selling price per square meter, highlighting challenges in the real estate market.

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