CHINA RES LAND (01109) Reports Cumulative Contract Sales of RMB 136.80 Billion in First 8 Months, Down 12.0% YoY

Stock News
Sep 12

CHINA RES LAND (01109) announced that for the month ended August 31, 2025, the company and its subsidiaries (the Group) achieved total contract sales of approximately RMB 13.20 billion and total contract sales floor area of approximately 539,000 square meters, representing year-on-year decreases of 13.2% and 26.7% respectively.

For the first 8 months of 2025, cumulative contract sales amounted to approximately RMB 136.80 billion, with total contract sales floor area of approximately 5.12 million square meters, representing year-on-year decreases of 12.0% and 23.3% respectively.

In August 2025, the Group's recurring income was approximately RMB 4.27 billion, up 6.8% year-on-year, of which rental income from investment property business was approximately RMB 2.84 billion, up 13.9% year-on-year.

For the first 8 months of 2025, cumulative recurring income was approximately RMB 33.05 billion, up 7.7% year-on-year, of which rental income from investment property business was approximately RMB 21.40 billion, up 12.4% year-on-year.

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