Summary by Moomoo AI
HUA RUN LAND CO., LTD. ANNOUNCED ON 11 MARCH 2024 THAT UNAUDITED OPERATING DATA FOR FEBRUARY 2024 SHOWED THAT THE COMPANY AND ITS SUBSIDIARIES ACHIEVED A TOTAL CONTRACT SALES AMOUNT OF APPROXIMATELY RMB91.9 BILLION IN THE MONTH, AND THE TOTAL CONTRACT SALES AREA WAS APPROXIMATELY 456,505 SQUARE METERS, A DECREASE OF 62.0% FROM THE SAME PERIOD LAST YEAR, AND 52.1%。 Equity contract sales and building area also declined 65.0% and 53.2%, respectively. In 2024 to date, the total contract sales amount was approximately RMB206.1 billion, and the total contract sales area was about 986,825 square meters, down 48.8% and 40.8% year-on-year. Aggregate sales data for each region are also disclosed. In addition, investment property rental income in February 2024 was about RMB24.2 billion, up 25.4% year-on-year, and cumulative rental income was about RMB48.5 billion, up 17.5% year-on-year. The Company reminds investors that these preliminary data are for reference only and may differ from the official financial statements and should not serve as an investment basis.