China Overseas Grand Oceans Group Ltd. Reports 44% Drop in November Contracted Sales

Reuters
2025/12/04
<a href="https://laohu8.com/S/00688">China Overseas</a> Grand Oceans Group Ltd. Reports 44% Drop in November Contracted Sales

China Overseas Grand Oceans Group Ltd. announced its unaudited operating statistics for November 2025. The property contracted sales of the China Overseas Grand Oceans Series of Companies amounted to RMB2.289 billion, with a contracted gross floor area $(GFA)$ of 210,400 square meters. These figures represent a year-on-year decrease of 43.7% in sales and 38.0% in contracted GFA. From January to November 2025, total property contracted sales reached RMB29.615 billion and the total contracted GFA was 2,670,500 square meters, marking a year-on-year decrease of 16.6% and 13.8%, respectively. As of the end of November 2025, property subscription sales stood at RMB495 million with a subscription GFA of 41,900 square meters. In November, the Group also acquired a new project in Anning District, Lanzhou, Gansu Province, with a total GFA of 150,251 square meters. The company emphasized that the figures are unaudited and based on preliminary internal data.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Overseas Grand Oceans Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251204-11944056), on December 04, 2025, and is solely responsible for the information contained therein.

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