China Overseas Land & Investment's April Contracted Sales Slide 7.5%
MT Newswires Live
May 12
China Overseas Land & Investment (HKG:0688) recorded contracted property sales and sales area of around 20.2 billion yuan and 735,900 square meters in April, down 7.5% and 21%, respectively, from a year prior, a May 9 Hong Kong bourse filing said.
From January to April, contracted sales and sales area fell 19% and 0.9% year over year to 66.6 billion yuan and a little over 2.9 million square meters, respectively.
As of April 30, subscribed property sales stood at 7.96 billion yuan.
The property firm did not acquire any land parcels in April.
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