FilingReader Intelligence
Gemdale sales plunge 58% amid China property downturn
August 5, 2025 at 05:09 PM UTC•By FilingReader AI
Gemdale Corporation's contracted sales fell 57.70% year-on-year to 2.58 billion yuan in July, with sales area down 59%.
For January to July, cumulative contracted sales revenue dropped 53.26% to 19.73 billion yuan. The company acquired residential land in Wuhan for 190.5 million yuan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600383•Shanghai Stock Exchange
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