China Resources Land Reports 5.6% Increase in First-Half Contract Sales Value

Stock News
07/13

China Resources Land (CHINA RES LAND) (01109) has released its operational figures.

For the single month ending June 30, 2026, the group achieved a total contracted sales value of approximately RMB 22.99 billion and a total contracted sales area of about 799,000 square meters. These figures represent year-on-year decreases of 2.0% and 11.0%, respectively.

Looking at the cumulative performance for the first six months of 2026, the total contracted sales value reached around RMB 116.50 billion, marking a year-on-year increase of 5.6%. The total contracted sales area for the period was approximately 3.162 million square meters, which is a decrease of 23.2% compared to the same period last year.

In terms of recurring income, the group generated approximately RMB 4.46 billion in June 2026, a 7.1% increase year-on-year. Within this, rental income from operational investment properties amounted to about RMB 2.87 billion, showing a robust growth of 10.7%.

For the first half of 2026, the cumulative recurring income totaled roughly RMB 26.47 billion, up 7.6% from the previous year. The rental income from operational investment properties during this period was approximately RMB 17.87 billion, registering a significant year-on-year increase of 12.6%.

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