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Shimao Group Reports RMB34 Billion in 2024 Contracted Sales
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Shimao Group Reports RMB34 Billion in 2024 Contracted Sales

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An announcement from Shimao Property Holdings ( (HK:0813) ) is now available.

Shimao Group Holdings Limited reported its unaudited operating statistics for the year ending December 31, 2024, revealing aggregated contracted sales of approximately RMB34 billion and a contracted sold area of 2,675,197 sq.m. The company’s average selling price stood at RMB12,710 per sq.m. for the year. The figures indicate a maintained performance in the real estate market, with a notable RMB2.83 billion in contracted sales for December 2024 alone, suggesting continued demand for Shimao’s property offerings. Stakeholders are advised to review these preliminary figures with caution, as they may differ from the final audited financial statements.

More about Shimao Property Holdings

Shimao Group Holdings Limited operates within the real estate industry, focusing on property development, investment, and management. The company is known for its residential and commercial property projects, primarily serving the Chinese market.

YTD Price Performance: -20.0%

Average Trading Volume: 1,025

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $448.3M

For detailed information about 0813 stock, go to TipRanks’ Stock Analysis page.

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