Poly Property Group Announces Robust Sales Performance for April 2026
Poly Property Group Co., Limited (Stock Code: 00119) has released its unaudited sales data for April 2026, providing investors with a snapshot of the company’s recent performance and outlook. The figures include data from the Company as well as its joint ventures and associated companies, collectively referred to as the Group.
Key Highlights from April 2026 Sales Data
- Contracted Sales Value: The Group achieved a contracted sales value of approximately RMB 4.2 billion in April 2026.
- Sales Area: The contracted area sold for the month was roughly 148,000 square meters.
- Average Selling Price: The contracted average selling price reached RMB 28,418 per square meter in April.
Cumulative Performance for 2026 to Date
- Total Contracted Sales Value: As at the end of April 2026, the Group accumulated contracted sales value of about RMB 15.4 billion for the year.
- Total Contracted Area Sold: The cumulative contracted area sold stood at approximately 543,000 square meters.
- Cumulative Average Selling Price: The average selling price for the year so far was RMB 28,253 per square meter.
Important Information for Investors and Shareholders
- Data is Unaudited: The sales data provided is unaudited and based on preliminary internal management records. Figures may differ from those reported in the audited or unaudited consolidated financial statements, which will be published in the company’s annual or interim reports.
- Potential Price Sensitivity: Investors should note that the sales performance, especially the robust contracted sales value and the steady average selling price, may be considered price-sensitive information. The company cautions that these figures are subject to change due to uncertainties in collating sales information, and should not be relied upon as definitive indicators of financial performance.
- Investor Caution: The announcement explicitly advises investors to exercise caution when dealing in its securities, and to avoid placing undue reliance on this unaudited information. Professional advice is recommended for those who have doubts or require further clarification.
Leadership and Governance
- Board Composition: The announcement was made under the authority of Chairman Wan Yuqing. The Board includes both executive and non-executive directors, as well as independent non-executive directors, reflecting a diverse leadership structure.
Potential Impact on Share Price
The strong sales figures reported for April and year-to-date, combined with steady average selling prices, highlight ongoing market demand and operational stability for Poly Property Group. Given that the announcement specifically warns investors about the price-sensitive nature of these figures, the data could influence the share price depending on market sentiment and investor interpretation of the company’s growth trajectory.
Disclaimer: The information presented above is based on unaudited preliminary internal management records and may not reflect the final figures disclosed in the company’s official financial statements. Investors are advised to exercise caution and seek professional financial advice before making investment decisions. The Company expressly disclaims any liability for losses arising from reliance on this announcement.
