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Shui On Land Reports Robust Property Sales for 2024
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Shui On Land Reports Robust Property Sales for 2024

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Shui On Land ( (HK:0272) ) has issued an announcement.

Shui On Land Limited announced its property sales update for the fourth quarter of 2024, reporting accumulated contracted property sales of RMB15,058 million for the year. This includes RMB14,553 million in residential property sales and RMB505 million in commercial property sales. In the fourth quarter alone, the company achieved contracted property sales of RMB1,572 million, with the total gross floor area sold reaching 53,100 sq. m. and 450 carpark units sold. The company also noted additional subscribed sales worth RMB795 million, expected to convert into contracted sales soon, reflecting continued demand and potential growth in their property sales sector.

More about Shui On Land

Shui On Land Limited is a property development company incorporated in the Cayman Islands with limited liability. The company operates primarily in the real estate industry, focusing on both residential and commercial property sales.

YTD Price Performance: 35.00%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $658.8M

See more data about 0272 stock on TipRanks’ Stock Analysis page.

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