China Merchants Land Ltd. Reports 18.24% YOY Decrease in Contracted Sales for H1 2025, Achieving RMB16.09 Billion

Reuters
Jul 25
<a href="https://laohu8.com/S/CIHHF">China Merchants</a> Land Ltd. Reports 18.24% YOY Decrease in Contracted Sales for H1 2025, Achieving RMB16.09 Billion

China Merchants Land Ltd. has announced its unaudited operating statistics for the six months ending 30 June 2025. The Group, along with its associated companies and joint ventures, achieved aggregate contracted sales of approximately RMB16,092.66 million. This represents a year-on-year decrease of about 18.24%. The contracted sales area reached approximately 720,958 square meters, marking a year-on-year decline of approximately 17%. The average selling price for this period was approximately RMB22,321 per square meter. Focusing on the second quarter of 2025, from 1 April to 30 June, the Group reported aggregate contracted sales of approximately RMB9,483.77 million, reflecting a quarter-on-quarter increase of approximately 43.50% but a year-on-year decrease of about 27.12%. The contracted sales area for this period was approximately 448,902 square meters, indicating a quarter-on-quarter increase of roughly 65.00% but a year-on-year decrease of approximately 21.42%. The average selling price in the second quarter was approximately RMB21,127 per square meter. These figures are based on preliminary internal information and may differ from future audited or unaudited financial reports due to uncertainties in data collection and collation processes. Investors are advised to exercise caution and seek professional advice when dealing with the Company's securities.

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 Merchants Land Ltd. published the original content used to generate this news brief on July 25, 2025, and is solely responsible for the information contained therein.

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