KWG Group Logs 19% Drop in August Pre-Sales Value; Shares Slide 7%

MT Newswires Live
2024-09-10

KWG Group Logs 19% Drop in August Pre-Sales Value; Shares Slide 7%

KWG Group Holdings (HKG:1813) recorded a pre-sales value of 710 million yuan in August, down 19.3% from the year-ago period, a Monday filing with the Hong Kong bourse.

Pre-sales area during the month fell by 14.3% year over year to around 42,000 square meters.

Shares of the company were lower 7% in recent trading.

Price (HKD): $0.21, Change: $-0.015, Percent Change: -6.55%

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