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The latest announcement is out from Mingfa Group (International) Co. Ltd. ( (HK:0846) ).
Mingfa Group (International) Company Limited reported unaudited contracted sales of approximately RMB519.4 million for the three months ended 31 March 2026, a 24.1% decline from about RMB684.3 million a year earlier. Sales were spread across numerous mainland Chinese cities, with Zhangzhou, Nanjing, Ma’anshan and Danzhou among the key contributors, and management cautioned investors that the figures are preliminary and should be used for reference only.
The announcement underlines ongoing pressure on Mingfa’s sales performance amid a challenging Chinese property market, which may weigh on revenue visibility and sentiment toward the group’s stock. The company’s emphasis on the unaudited and incomplete nature of the data also highlights continuing uncertainty for shareholders and potential investors evaluating its near-term operating momentum.
More about Mingfa Group (International) Co. Ltd.
Mingfa Group (International) Company Limited is a Cayman Islands-incorporated property developer listed in Hong Kong. The group focuses on real estate projects across multiple Chinese provinces and cities, including Fujian, Jiangsu, Anhui, and major hubs such as Nanjing, Xiamen, and Zhangzhou, positioning it as a geographically diversified mainland China developer.
Average Trading Volume: 189,034
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$621.5M
For detailed information about 0846 stock, go to TipRanks’ Stock Analysis page.