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An announcement from KWG Group Holdings ( (HK:1813) ) is now available.
KWG Group Holdings has announced its unaudited operating statistics for January 2025, revealing a significant decline in pre-sales value and area. The Group reported a pre-sales value of RMB502 million, marking a 39.5% year-on-year decrease, and a pre-sales area of approximately 11,900 square meters, a 79.0% decrease. This data, based on preliminary internal information, highlights the challenges facing the company amid market uncertainties, which could impact its financial performance and stakeholders’ investment decisions.
More about KWG Group Holdings
KWG Group Holdings Limited, incorporated in the Cayman Islands, operates primarily in the real estate industry. The company and its subsidiaries, along with joint ventures and associates, are focused on property development with a significant market presence in China.
YTD Price Performance: -12.00%
Average Trading Volume: 1,665
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $151.4M
Learn more about 1813 stock on TipRanks’ Stock Analysis page.
