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HKG:1030

5 stories mentioning HKG:1030Updated 7d ago

Every FINWIRES story that references HKG:1030, newest first.

Asia

Seazen Group Logs 1.39 Billion Yuan in May Contracted Sales

Seazen Group (HKG:1030) recorded contracted sales of 1.39 billion yuan in May, with a sales area of 205,000 square meters, according to a Wednesday Hong Kong bourse filing.The property company had 181 properties for lease in the month with a gross floor area (GFA) of roughly 16.7 million square meters.Rental and commercial operating income for the month was approximately 1.13 billion yuan and 1.21 billion yuan, respectively.For the first five months of 2026, contracted sales and sales area reached roughly a respective 5.4 billion yuan and 871,300 square meters.Rental and commercial operating income for the period reached about 5.53 billion yuan and 5.93 billion yuan, respectively.

HKG:1030
Asia

S&P Revises Outlook on Seazen Group, Seazen Holdings to Stable on Solid Rental Income

S&P Global Ratings changed the outlook on Seazen Group (HKG:1030) and its subsidiary Seazen Holdings (SHA:601155) to stable from negative, according to a recent release.The rating agency also maintained the companies' B long-term issuer credit ratings, among other ratings.The stable outlook considers S&P's belief that the company's steady rental income will mitigate dampened property sales amid lingering weakness in the property market.S&P expects contracted sales to drop to between 12 billion yuan and 13 billion yuan in 2026 from 19.3 billion yuan last year.However, rental income should come to between 13.3 billion yuan and 13.8 billion yuan yearly as annual income from shopping malls increases by 2% to 3% from 2026 to 2027, S&P said.The company will also retain diversified funding access that will help in supporting maturities in the next one to two years, S&P said.Major developments in the company's liquidity and payments during debt maturities could prompt future rating actions, according to S&P.

HKG:1030SHA:601155
Asia

Seazen Logs 991 Million Yuan in April Contracted Sales

Seazen Group (HKG:1030) recorded contracted sales of around 991 million yuan in April, with a sales area of 139,900 square meters, according to a Wednesday Hong Kong bourse filing.The property firm had 180 properties for lease in the month with a total gross floor area of approximately 16.6 million square meters.Rental and commercial operating income for April stood at 1.09 billion yuan and 1.17 billion yuan, respectively.For the four months ended April 30, contracted sales and sales area reached roughly 4.01 billion yuan and 666,400 square meters, respectively.Rental and commercial operating income for the four months reached roughly 4.4 billion yuan and 4.72 billion yuan, respectively.

HKG:1030
Asia

Seazen Holding's Profit Climbs 2.4% in Q1

Seazen Holdings (SHA:601155) recorded a 2.4% rise in attributable profit in the first quarter of 2026 to 311.6 million yuan from 304.4 million yuan a year prior, according to a Wednesday Hong Kong bourse filing by parent Seazen Group (HKG:1030).The real estate developer's earnings per share rose to 0.14 yuan from 0.13 yuan in the corresponding period of the previous fiscal year.Operating revenue fell 25% to 7.32 billion yuan from 9.74 billion yuan in the year-ago period.

HKG:1030SHA:601155
Asia

Seazen Group Logs 1.08 Billion Yuan in March Contracted Sales

Seazen Group (HKG:1030) recorded contracted sales of around 1.08 billion yuan in March, with a sales area of 191,800 square meters, according to a Monday Hong Kong bourse filing.In March, the property firm had 179 properties for lease with a total gross floor area of 16.5 million square meters.The rental and commercial operating income for the month was about 1.12 billion yuan and 1.2 billion yuan, respectively.In the first quarter of 2026, contracted sales and sales area reached roughly 3.02 billion yuan and 526,500 square meters, respectively.Rental and commercial operating income for the three months stood at approximately 3.31 billion yuan and 3.55 billion yuan, respectively.

HKG:1030

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