Redsun Properties Logs 621 Million Yuan in November Contracted Sales

MT NewswiresDec 5 17:39

In November, rsun ppt (01996.HK) experienced a 33% drop in contract sales, with a 62% decrease in the first 11 months.

Rsun ppt (01996.HK) announced that the group recorded a contract sales amount of approximately 0.621 billion yuan in November this year, a decrease of 33.2% year-on-year, corresponding to a sales area of 47,160 square meters, down 34.3%; the average sales price per square meter was 13,175 yuan. In the first eleven months of 2024, the group achieved a cumulative contract sales amount of 8.02 billion yuan, with a cumulative sales area of nearly 0.592 million square meters, reflecting year-on-year declines of 61.9% and 60.9% respectively; the average sales price per square meter was 13,547 yuan.

AASTOCKSDec 5 16:36

According to Fitch, the sales value of new housing in mainland China is expected to decline by 15% next year.

Fitch Ratings report indicates that mainland real estate developers are expected to continue facing challenges in 2025, with predicted decline in the value of new building sales by 15% to around 7.3 trillion yuan, mainly due to a 10% decrease in sales area and a 5% decrease in average selling price. In addition, the bank also expects that the long-term average annual demand for new residences from 2024 to 2040 will reach a building area of 0.8 billion square meters, with private residential supply reaching 0.6 billion square meters each year. Cities with good economic prospects and relaxed purchase restrictions may perform better.

AASTOCKSNov 25 12:06

rsun ppt (01996.HK): Zhongzheng Tianheng appointed as the auditor.

On November 20, Grong Hui announced that Ernst & Young has resigned as the company's auditor, effective from November 20, 2024. Zhenzheng Tianheng Certified Public Accountants ("Zhenzheng Tianheng") has been appointed as the company's auditor, effective from November 20, 2024.

Gelonghui FinanceNov 20 18:43

Announcement Highlights | china overseas: Sales in October increased by 66% year-on-year; alibaba continues to repurchase approximately 19.9886 million US dollars of shares.

Concord Ne (00182.HK): The total power generation in the first 10 months was 7166.91GWh, a year-on-year increase of 12.79%; Poly Property: Sales revenue in October was 8.6 billion yuan.

cls.cnNov 7 08:37

In October, the sales amount of rsun ppt (01996.HK) contract reached 0.723 billion yuan.

Grong Hui November 6th | rsun ppt (01996.HK) announced that the group's contract sales amount in October 2024 was 0.723 billion yuan; sales area was 44,455 square meters; average selling price was 16,267 yuan per square meter. From January to October 2024, the group achieved a cumulative contract sales amount of 7.4 billion yuan; cumulative sales area of 544,792 square meters; average selling price was 13,579 yuan per square meter.

Gelonghui FinanceNov 6 16:34