Shenzhen Investment April sales slip to 565m yuan

Business | 20 May 2019 4:58 pm

State-owned property developer Shenzhen Investment (0604) reported today contracted sales for April slid by 34.1 percent year-on-year to 565 million yuan, with gross floor area sold of about 34,383 square meters, down by 13.9 percent.

For the four months ended April 30, the group's total contracted sales declined by 18.8 percent from the same period last year to 2.01 billion yuan, with gross floor area sold of about 114,671 million sq m, fell by 31.8 percent.

Shares of Shenzhen Investment shed 2.78 percent, or 8 HK cents, to close at HK$2.8.

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