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China Resources Land (01109.HK) 1Q Contracted Sales RMB44.12B, Down 13.8% YoY
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China Resources Land (01109.HK) announced that in March, total contracted sales amounted to approximately RMB22.42 billion, with contracted gross floor area (GFA) of approximately 594,000 square meters, representing YoY decreases of 14.1% and 34.5%, respectively. For the first three months, cumulative contracted sales reached RMB44.12 billion, involving GFA of approximately 1.249 million square meters, down 13.8% and 36.9% YoY, respectively. During the month, recurring business revenue amounted to approximately RMB4.28 billion, up 7% YoY, of which rental income was RMB2.85 billion, up 11%. Cumulative recurring business revenue for the year amounted to approximately RMB13.33 billion, representing a 7.6% YoY increase, of which rental income was RMB9.16 billion, up 14% YoY. (de/d) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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