JOY CITY PROPERTY LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
JOY CITY PROPERTY LIMITED
大悅城地產有限公司
(Incorporated in Bermuda with limited liability)
(Stock Code: 207)
UNAUDITED OPERATING FIGURES
FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2019
The board of directors (the "Board") of Joy City Property Limited (the "Company") announces that the unaudited operating figures of the Company and its subsidiaries (the "Group") for the nine months ended
30 September 2019 are as follows:
Property Investment | ||
Average unit rental | ||
compared with that for | ||
Average occupancy rate | the same period in 2018 | |
Xidan Joy City | ~99% | + ~3% |
Chaoyang Joy City | ~98% | + ~0% |
Tianjin Nankai Joy City | ~97% | + ~8% |
Shenyang Joy City | ~96% | + ~7% |
Shanghai Jingan Joy City | ~96% | + ~3% |
Shanghai Changfeng Joy City | ~92% | - ~3% |
Yantai Joy City | ~95% | + ~9% |
Chengdu Joy City | ~92% | + ~14% |
Hangzhou Joy City（Note 1） | ~94% | - |
Xi'An Joy City（Note 2） | ~99% | - |
Beijing COFCO Plaza | ~86% | + ~1% |
Hong Kong COFCO Tower | ~97% | + ~13% |
Fraser Suites Top Glory Shanghai | ~88% | + ~0% |
COFCOLandmark Tower（Note 3） | ~72% | - |
1 |
Note 1: Hangzhou Joy City was officially opened in August 2018, thus there is no corresponding figures in unit rental.
- Xi'An Joy City was officially opened in December 2018, thus there is no corresponding figures in unit rental.
- COFCOLandmark Tower was officially opened in August 2018, thus there is no corresponding figures in unit rental.
Property Development
The Group's aggregate contracted sales amounted to approximately RMB4,239 million with an aggregate contracted sales area of approximately 227,647 square meters.
Hotel Operation | ||
Average occupancy rate | Average revenue per | |
available room | ||
MGM Grand Sanya | ~89% | ~RMB1,042 |
St. Regis Sanya Yalong Bay Resort | ~72% | ~RMB1,141 |
Waldorf Astoria Hotel | ~72% | ~RMB1,583 |
This announcement is a voluntary disclosure by the Company. The Board wishes to remind shareholders and/or potential investors of the Company that the above operating figures for the nine months ended 30 September 2019 are based on the Group's internal records and unaudited management accounts which have not been reviewed or audited by auditors. Differences may arise between such figures and the information disclosed in subsequent audited or unaudited financial statements. As such, such figures shall not be taken as an indication of the Group's current or future operating or financial performance. Shareholders and/or potential investors of the Company are cautioned not to unduly rely on such figures and are advised to exercise caution when dealing in the securities of the Company.
By Order of the Board
JOY CITY PROPERTY LIMITED
ZHOU Zheng
Chairman
The PRC, 28 October 2019
As at the date of this announcement, the Board comprises Mr. ZHOU Zheng (Chairman) and Mr. CAO Ronggen as executive directors; Mr. JIANG Yong as non-executive director; and Mr. LAU Hon Chuen, Ambrose, GBS, JP, Mr. LAM Kin Ming, Lawrence and Mr. WU Kwok Cheung, MH as independent non-executive directors.
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Joy City Property Limited published this content on 28 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2019 09:41:07 UTC
