Summary by Moomoo AI
On June 6, 2024, Yuexiu Property announced unaudited sales data for the period ending on May 31 of the same year. In May 2024, the company achieved a contract sales amount of approximately CNY 10.078 billion, a decrease of 18.4% compared to the same period last year. The contract sales area was approximately 370,300 square meters, a decrease of 6.1% year-on-year. From January to May 2024, the cumulative contract sales amount was approximately CNY 40.092 billion, a decrease of 42.3% year-on-year, and the cumulative sales area was approximately 1.3932 million square meters, a decrease of 32.5% year-on-year. The cumulative contract sales amount accounted for 27.3% of the annual sales target. The company did not add any new land reserves in May 2024. The company reminds investors that the unaudited data above is for reference only and advises investors to trade securities with caution and seek professional advice when necessary.