Seazen Holdings sales dip 51.28% in February 2025

Seazen Holdings (SSE:601155) reported a substantial decrease in sales for February 2025, with contract sales amounting to approximately 1.959 billion RMB, a 51.28% drop compared to the same period last year. The sales area also decreased to around 270,600 square meters, down 52.54% year-on-year. The cumulative contract sales for January and February totaled approximately 2.976 billion RMB, a 61.41% decrease from the previous year, with a cumulative sales area of approximately 386,200 square meters, down 64.32% year-on-year. In February, Jiangsu led in sales contribution at 520.12 million RMB, followed by Tianjin (221.45 million RMB). Additionally, the company's rental income for February 2025 reached 1.051 billion RMB, with accumulated income this year amounting to 2.135 billion RMB.