CHINA RES LAND (01109) Reports 16.6% YoY Decline in Contracted Sales to RMB169.6B for First 10 Months

Stock News
11/12

CHINA RES LAND (01109) announced its operational data for October 2025. In the month ending October 31, 2025, the group achieved total contracted sales of approximately RMB15.2 billion, with a total contracted sales area of about 681,000 square meters, representing year-on-year decreases of 51.0% and 46.8%, respectively.

For the first 10 months of 2025, the company recorded cumulative contracted sales of approximately RMB169.6 billion and a total contracted sales area of 6.41 million square meters, reflecting year-on-year declines of 16.6% and 27.4%, respectively.

In October 2025, the group's recurring income reached approximately RMB4.33 billion, marking a 3.0% year-on-year increase. Within this, rental income from operational commercial properties amounted to RMB2.94 billion, up 16.8% year-on-year.

For the January-October 2025 period, cumulative recurring income totaled approximately RMB41.48 billion, showing a 7.2% year-on-year growth. Rental income from operational commercial properties contributed RMB27.1 billion during this period, registering a 13.0% increase compared to the same period last year.

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