Greentown China Reports H1 Total Contract Sales of Approximately RMB 94.7 Billion, Down 22.5% Year-on-Year

Stock News
Jul 07



Greentown China (HKEX: 03900) has announced its operational figures for the first half of the year. In June 2026, the group's self-invested projects achieved sales of 2,073 units, covering an area of approximately 310,000 square meters. The sales value for the month was about RMB 11.4 billion, with an average selling price of around RMB 36,900 per square meter.

For the period from January to June 2026, the group's self-invested projects secured contracted sales covering an area of about 1.82 million square meters, with a total contracted sales value of approximately RMB 60.2 billion. The attributable equity portion to Greentown China was around RMB 40.7 billion.

As of June 30, 2026, there was an additional cumulative amount of approximately RMB 1.7 billion from signed subscription agreements that had not yet been converted into sales contracts. The attributable equity portion of this amount to Greentown China was about RMB 1.2 billion.

In June 2026, the group's project management and construction business achieved sales covering an area of roughly 620,000 square meters, generating sales of about RMB 9.3 billion.

For the first six months of 2026, the cumulative sales area for the project management business was approximately 2.4 million square meters, with sales amounting to around RMB 34.5 billion.

In summary, for the six months ended June 30, 2026, Greentown China achieved a total contracted sales area of about 4.22 million square meters. The total contracted sales value reached approximately RMB 94.7 billion, representing a year-on-year decrease of 22.5%.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10