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01628

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YUZHOU GROUP's sales in March were nearly 500 million RMB, down 45%, with first-quarter sales down 29%

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YUZHOU GROUP announced that the sales in March amounted to RMB 482 million, a year-on-year decrease of 44.7%; the sales for the first quarter were RMB 1.374 billion, a year-on-year decrease of 28.9%. The sales area was 37,000 square meters and 108,000 square meters respectively, with average prices of RMB 12,900 and RMB 12,700

According to a report from Economic Information Daily on the 13th, Yuzhou Group (01628) announced that, including sales from joint ventures and associates, the sales amount in March was RMB 482 million, a year-on-year decrease of 44.7%, with a sales area of approximately 37,000 square meters and an average price of RMB 12,900 per square meter. Among this, the sales amount using properties to offset project costs was RMB 34 million, with a sales area of approximately 3,721 square meters.

The group indicated that the sales amount for the first quarter was RMB 1.374 billion, down 28.9%, with a sales area of approximately 108,000 square meters and an average price of RMB 12,700 per square meter. Among this, the sales amount using properties to offset project costs was RMB 161 million, with a sales area of approximately 15,700 square meters. (wh)

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