China Resources Land Limited Reports August 2025 Gross Contracted Sales of RMB13.20 Billion, Down 13.2% YoY; Recurring Revenue Up 6.8% YoY

Reuters
Sep 12
China Resources Land Limited Reports August 2025 Gross Contracted Sales of RMB13.20 Billion, Down 13.2% YoY; Recurring Revenue Up 6.8% YoY

China Resources Land Limited recently announced its unaudited operating figures for the month ending August 31, 2025. The company and its subsidiaries reported gross contracted sales of approximately RMB13.20 billion, with a contracted gross floor area $(GFA)$ of about 0.539 million square meters. These figures represent a year-on-year decrease of 13.2% in sales and 26.7% in GFA. Over the first eight months of 2025, the group achieved gross contracted sales of approximately RMB136.80 billion and a contracted GFA of around 5.120 million square meters, reflecting year-on-year declines of 12.0% and 23.3%, respectively. In terms of recurring revenue, the group reported approximately RMB4.27 billion for August 2025, marking a 6.8% increase compared to the previous year. Notably, rental income from the investment property business increased by 13.9% year-on-year to reach RMB2.84 billion. Cumulatively, for the first eight months, recurring revenue reached approximately RMB33.05 billion, up 7.7% year-on-year, with rental income from the investment property business amounting to RMB21.40 billion, up 12.4% year-on-year. These preliminary figures are based on the group's internal management records and are subject to change. Investors are advised to exercise caution and seek professional advice as necessary.

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 Resources Land Limited published the original content used to generate this news brief on September 12, 2025, and is solely responsible for the information contained therein.

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