Core Viewpoint - Yuexiu Property (00123) reported a significant decline in contract sales for August 2025, indicating challenges in the current market environment [1] Group 1: August 2025 Performance - The company achieved contract sales amounting to approximately RMB 5.505 billion, representing a year-on-year decrease of about 45.0% [1] - The contract sales area for August 2025 was approximately 169,400 square meters, down approximately 40.2% year-on-year [1] Group 2: Cumulative Performance (January to August 2025) - Cumulatively, from January to August 2025, the company recorded contract sales of approximately RMB 73.011 billion, reflecting a year-on-year increase of about 3.7% [1] - The cumulative contract sales area during this period was approximately 1.8056 million square meters, which is a year-on-year decrease of about 24.1% [1] - The cumulative contract sales amount accounted for 60.6% of the company's 2025 contract sales target of RMB 120.5 billion [1] Group 3: Land Reserve - The company did not acquire any new land reserves in August 2025 [1]
越秀地产前8个月累计合同销售额约为730.11亿元 同比上升约3.7%