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Central China Real Estate’s Mixed Sales Report

Central China Real Estate (DE:AJ5) has released an update.

Central China Real Estate Limited reported a minimal year-on-year growth in contracted sales for September 2024, with a 0.1% increase reaching RMB720 million. However, the company experienced a dip in the contracted sales gross floor area by 3.9% and a modest rise in the average selling price per square meter of 4.2%. These figures are part of unaudited data that indicate a significant year-on-year decrease of 43.7% in total property contracted sales for the first nine months of 2024.

For further insights into DE:AJ5 stock, check out TipRanks’ Stock Analysis page.

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