SEHK:960Real Estate
Does August Sales Update Change The Bull Case For Longfor Group Holdings (SEHK:960)?
Longfor Group Holdings reported unaudited August 2026 figures, with contracted sales of RMB 2.20b on 250,000 sqm and year-to-date contracted sales of RMB 20.84b on 2,239,000 sqm, alongside RMB 18.18b of aggregated revenue excluding tax from property operation and property service.
The split between approximately RMB 9.73b of operating income and RMB 8.45b of service income reflects how Longfor Group Holdings relies on both property sales and recurring services as key pillars of its business...