China Resources Land (HKG:1109) recorded contracted sales and gross floor area of 17.3 billion yuan and 595,000 square meters in April, down 19% and 30%, respectively, from a year prior, a Tuesday filing with the Hong Kong bourse said.

From January to April, contracted sales and GFA fell by 4.9% and 17%, respectively, to roughly 68.5 billion yuan and 2.6 million square meters.

In April, recurring revenue rose 10% to around 3.96 billion yuan, while rental income from the investment property business jumped 14% to 2.56 billion yuan.

Recurring and rental income for the first four months of 2025 increased 11% and 13% to 16.4 billion yuan and 10.6 billion yuan, respectively.