21 July 2019

CSCEC Feb contracted sales down 48.12%, filing says

China State Construction Engineering Co. Ltd. (CSCEC) (601668.CN) recorded 6.9 billion yuan (US$1.12 billion) in new home contracted sales in February, down 48.12 percent from a year ago, according to a stock exchange filing Tuesday. The new homes sold cover a combined area of 560,000 square meters, marking a decline of 51.72 percent year on year. Meanwhile, its construction arm saw the value of new contracts climb 43.3 percent to 161.7 billion yuan in the first two months from a year earlier, the filing showed.

– Contact HKEJ at [email protected]



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