Zhongyuan Construction (09982)'s contract sales for projects under management in the first nine months were 10.057 billion yuan, a year-on-year decrease of 47.4%

According to Zhitong Finance App, Zhongyuan Construction (09982) announced that in September 2024, the Group has signed no new contract projects.

For the nine months ended September 30, 2024, the Group had 17 new contract projects, adding 1,529,900 square meters of contract construction area, a decrease of 72.3% over the same period in 2023.

As of September 30, 2024, the Group has 255 projects under management, with a total construction area of 307.74,500 square meters.

As of September 30, 2024, the Group has a total of 435 signed projects, with a total construction area of 54.622,700 square meters.

In September 2024, the contract sales for the projects managed by the Group were RMB 960 million, with a contract sales area of 149,600 square meters. The average selling price per square meter in September 2024 was RMB 6418.

For the nine months ended September 30, 2024, contract sales for projects managed by the Group were RMB 10.057 billion, a year-on-year decrease of 47.4%. The contracted sales area was 1.646,500 square meters, a decrease of 44.8% over the previous year. The average sales price per square meter for the nine months ended September 30, 2024 was RMB 6108, a year-on-year decrease of 4.7%.