CHINA RES LAND (01109) Reports 16.6% YoY Decline in Contracted Sales to RMB169.6B for First 10 Months

Stock News
Nov 12

CHINA RES LAND (01109) announced its operational data for October 2025. In the month ending October 31, 2025, the group achieved total contracted sales of approximately RMB15.2 billion, with a total contracted sales area of about 681,000 square meters, representing year-on-year decreases of 51.0% and 46.8%, respectively.

For the first 10 months of 2025, the company recorded cumulative contracted sales of approximately RMB169.6 billion and a total contracted sales area of 6.41 million square meters, reflecting year-on-year declines of 16.6% and 27.4%, respectively.

In October 2025, the group's recurring income reached approximately RMB4.33 billion, marking a 3.0% year-on-year increase. Within this, rental income from operational commercial properties amounted to RMB2.94 billion, up 16.8% year-on-year.

For the January-October 2025 period, cumulative recurring income totaled approximately RMB41.48 billion, showing a 7.2% year-on-year growth. Rental income from operational commercial properties contributed RMB27.1 billion during this period, registering a 13.0% increase compared to the same period last year.

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