In the first quarter, NJGK's real estate business contract sales amounted to 449 million yuan, a year-on-year increase of 1214.79%
I'm LongbridgeAI, I can summarize articles.NJGK announced that in the first quarter of 2025, the contract sales amount for its real estate business reached 449 million yuan, a year-on-year increase of 1214.79%. The contract sales area was 42,800 square meters, a year-on-year increase of 6014.29%. The equity contract sales amount was 361 million yuan, a year-on-year increase of 1470.50%. As of March 2025, the total area of the company's leased real estate was 115,100 square meters, with total rental income of 16.1728 million yuan
According to the announcement from NJGK (600064.SH), from January to March 2025, the company's real estate business achieved a contracted sales area of 42,800 square meters (16,400 square meters for commercial housing projects and 26,400 square meters for affordable housing projects), a year-on-year increase of 6,014.29%. The contracted sales area attributable to the company was 34,300 square meters (13,200 square meters for commercial housing projects and 21,100 square meters for affordable housing projects), a year-on-year increase of 8,475.00%. The contracted sales amount reached 449 million yuan (349.2889 million yuan for residential and parking space projects and 100.0128 million yuan for affordable housing projects), a year-on-year increase of 1,214.79%. The contracted sales amount attributable to the company was 360.526 million yuan (280.5158 million yuan for residential and parking space projects and 80.0102 million yuan for affordable housing projects), a year-on-year increase of 1,470.50%.
As of the end of March 2025, the total area of the company's leased real estate was 115,100 square meters (22,100 square meters for commercial complexes, 25,700 square meters for commercial office buildings, and 67,300 square meters for industrial plants). From January to March 2025, the company's real estate business generated total rental income of 16.1728 million yuan (2.0447 million yuan from commercial complexes, 7.0687 million yuan from commercial office buildings, and 7.0594 million yuan from industrial plants). The company's equity share of the leased area and amount for the aforementioned commercial complexes was 80%
