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China New City Holdings: Contract sales for the cumulative period from January to June totaled approximately $6.36B
On the evening of July 10, New City Holdings released its 2026 June operating update and second-quarter operating report.
The announcement shows that in June, the company generated total revenue from commercial operations of approximately 1.187 billion yuan, up 0.34% year over year; from January to June, the company generated total revenue from commercial operations of approximately 7.112 billion yuan, up 2.42% year over year.
In June, the company recorded contract sales proceeds of approximately 957 million yuan, down 35.94% year over year; sales area of approximately 153,400 square meters, down 21.91% year over year.
From January to June, the company recorded contract sales proceeds of approximately 6.357 billion yuan, down 38.46% year over year; cumulative contract sales area of approximately 1.0248 million square meters, down 23.24% year over year.
(Company announcement)