KWG Group's August Presales Plunge 73.6% to RMB 161 Million
Stock News
Sep 08
KWG GROUP (01813) has announced its sales figures for August 2026, revealing a significant downturn in its presale performance. The presale amount achieved by the group, along with its joint ventures and associates, reached RMB 161 million, marking a substantial decrease of 73.6% compared to the same period last year.
In terms of floor area, the total presale gross floor area attributable to the group and its partners stood at approximately 9,200 square meters. This represents a decline of 62.9% year-on-year, highlighting the ongoing challenges faced by the property developer in the current market environment.
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