China Overseas Land & Investment (Stock Code: 688) Announces Third Quarter 2025 Results

Bulletin Express
2025/10/24

China Overseas Land & Investment Limited (the “Company”) reported a strategic response to market conditions in the third quarter of 2025, noting that while the global economy remained complex, China’s targeted macroeconomic policies supported gradual stabilization in its property sector.

In the first nine months of 2025, the Group (together with its associates and joint ventures) recorded contracted property sales of RMB170.5 billion, representing a sales area of 7.58 million square meters. During the third quarter, nine land parcels were acquired in five mainland cities, adding a total GFA of 1.49 million square meters. The corresponding total land premium was RMB60.5 billion, with an attributable portion of RMB36.52 billion.

Revenue for the third quarter of 2025 stood at RMB19.78 billion, and operating profit reached RMB1.03 billion. For the nine months ended 30 September 2025, revenue was RMB103 billion, while operating profit reached RMB13.15 billion. Management emphasized the Group’s strong financial position, low borrowing costs, and balanced growth strategy, citing sufficient funding and resilient asset quality as core strengths.

The announcement highlighted that all reported data remains unaudited. Forward-looking statements may involve risks and uncertainties; investors and shareholders are advised to exercise caution in evaluating the Company’s information.

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