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00604 SHENZHEN INVEST
RTNominal up0.980 +0.040 (+4.255%)
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21/08/2019 17:26

Shenzhen Investment (00604) Jul contracted sales down 0.7%

[ET Net News Agency, 21 August 2019] Shenzhen Investment Limited (00604) announced that
the group's unaudited contracted sales for July 2019 amounted to RMB426 million,
representing a decrease of 86.7% MoM and a decrease of 0.7% YoY. The contracted sales area
was 18,362 sq.m., down 77.6% MoM and down 10.3% YoY. As the group recorded a large
block-sale transaction in the last month, the contracted sales for this month showed a
relatively large MoM decline.
For the first seven months of this year, the group recorded total contracted sales of
RMB6.862 billion, representing an increase of 44.9% YoY, and the total contracted sales
area was 252,959 sq.m., down 10.3% YoY. The average selling price was RMB27,126 per sq.m.
(RC)

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