KWG Group Reports Significant Drop in November Sales

KWG Group Holdings (HK:1813) has released an update.

KWG Group Holdings reported a significant drop in its November 2024 pre-sales value, totaling RMB650 million, a 48% decrease from the previous year. The pre-sales area also saw a decline of 52.6% year-on-year, measuring approximately 32,900 square meters. These unaudited figures highlight challenges the real estate company faces in the current market.

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