Beijing Capital Development sales down in April 2025

Beijing Capital Development (SSE:600376) announced a decrease in sales activity for April 2025. The company's contracted sales area totaled 108,400 square meters, a 24.92% decline compared to March. Contracted sales value reached CNY14.60 billion, representing a 23.77% month-over-month decrease. Of the total, the company and its subsidiaries achieved contracted sales of 58,600 square meters, including underground parking, amounting to CNY8.09 billion. Joint venture projects accounted for 49,800 square meters, also including underground parking, with a sales value of CNY6.51 billion. For the period of January to April 2025, the company's cumulative contracted sales area reached 493,600 square meters, with a total sales value of CNY78.50 billion. The company noted that sales data is subject to uncertainty and may differ from figures in periodic reports. Since the last sales report in March 2025, the company has not acquired any new land reserves.