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Yida China Logs 113 Million Yuan April Contracted Sales; Shares Drop 4%

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Yida China (HKG:3639) recorded contracted sales of 113 million yuan in April, with a gross floor area (GFA) of 8,891 square meters, according to a May 15 Hong Kong bourse filing.

Shares of the property developer were down 4% in Monday afternoon trade.

The average selling price for the month was about 12,725 yuan per square meter.

For the four months ended April 30, contracted sales and GFA reached roughly 150 million yuan and 11,438 square meters, respectively, with an average selling price of 13,121 yuan per square meter.

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