Times China Holdings Ltd (SEHK: 01233) has announced a significant decline in its contracted sales performance for the first eight months of 2026, with cumulative sales value reaching approximately RMB 2.237 billion. This represents a year-on-year decrease of 38.41% compared to the same period last year.

The group's contracted sales during this period, which include sales from joint venture projects, also saw the contracted gross floor area amounting to roughly 219,700 square meters, according to the company's latest disclosure.

Focusing on August 2026 alone, Times China Holdings Ltd (SEHK: 01233) recorded contracted sales of about RMB 205 million, including contributions from joint ventures, marking a substantial year-on-year drop of 52.33%. The contracted gross floor area for the month stood at approximately 16,900 square meters.

The latest figures indicate a deepening slowdown in the property developer's sales momentum as it continues to navigate challenging market conditions in the real estate sector.