Zhitong Finance App News, Phoenix Co., Ltd. (600716.SH) announced, October-December 2023: The company's commercial housing contract sales area was 8627.15 square meters, an increase of 5.74% over the same period last year; the commercial housing contract sales amount was 298 million yuan, an increase of 194.55% over the same period last year. The current phase of the Nanjing Zijin and Xufu projects started, with a contract area of 4303.21 square meters, amounting to 234 million yuan; the Zhenjiang project contracted an area of 4,096 square meters in the same period last year, amounting to 47.0282 million yuan.
October-December 2023: The company's rental revenue was 7.2417 million yuan, an increase of 123.59% over the same period last year. The main reason was rent reduction for the Suzhou project in the same period of the previous year, which led to a negative rent income. This year as a whole, there was a significant increase over the same period of the previous year.