WS Investor
14 Apr 2026, 13:10
Longfor Group Holdings Limited reported its March 2026 operating statistics, showing moderate sales activity alongside stable recurring revenue streams.
For the first quarter of 2026, the company recorded contracted sales of RMB 7.46 billion, with total gross floor area (GFA) sold reaching 842,000 sqm. In March alone, contracted sales were RMB 3.01 billion, with 315,000 sqm sold. Sales attributable to shareholders amounted to RMB 2.02 billion.
On the operations side, revenue from property investment and services reached approximately RMB 6.62 billion for the quarter (RMB 7.06 billion before tax). This included RMB 3.63 billion from property operations and RMB 2.99 billion from property services.
Overall, the data highlights a relatively stable contribution from recurring income segments, while contracted sales remain modest, reflecting ongoing softness in China’s property market. The company noted that the figures are unaudited and subject to change, advising investors to interpret them cautiously.
For the first quarter of 2026, the company recorded contracted sales of RMB 7.46 billion, with total gross floor area (GFA) sold reaching 842,000 sqm. In March alone, contracted sales were RMB 3.01 billion, with 315,000 sqm sold. Sales attributable to shareholders amounted to RMB 2.02 billion.
On the operations side, revenue from property investment and services reached approximately RMB 6.62 billion for the quarter (RMB 7.06 billion before tax). This included RMB 3.63 billion from property operations and RMB 2.99 billion from property services.
Overall, the data highlights a relatively stable contribution from recurring income segments, while contracted sales remain modest, reflecting ongoing softness in China’s property market. The company noted that the figures are unaudited and subject to change, advising investors to interpret them cautiously.