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Sunac China Reports Strong Unaudited July Sales

Sunac China Reports Strong Unaudited July Sales

Sunac China Holdings (HK:1918) has released an update.

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Sunac China Holdings Limited reported unaudited operational data for July 2024, revealing a monthly contracted sales value of RMB1.41 billion and a year-to-date total of RMB27.69 billion. The company sold approximately 129 thousand square meters in July at an average price of RMB10,930 per sq.m., contributing to a cumulative sales area of 1,522 thousand sq.m. for the year, with an average price of RMB18,190 per sq.m. Investors are advised to treat this preliminary data with caution as it is subject to change and may not fully align with the upcoming official financial statements.

For further insights into HK:1918 stock, check out TipRanks’ Stock Analysis page.

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