Yuexiu Property's Contracted Sales Edge Up 1.7% in August
MT Newswires Live09-04 21:17
Yuexiu Property (HKG:0123) recorded contracted sales of around 5.6 billion yuan, up 1.7% from a year prior, according to a Friday Hong Kong bourse filing.
The property company's gross floor area (GFA) for the month stood at approximately 168,300 square meters, down 0.6% year over year.
For the eight months ended Aug. 31, contracted sales fell 16% to 61.2 billion yuan, while GFA increased 12% to a little over 2 million square meters.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.