China Resources Land Reports October Contracted Sales of RMB15.20 Billion

Reuters
Nov 12
China Resources Land Reports October Contracted Sales of RMB15.20 Billion

China Resources Land Limited announced its unaudited operating figures for the month ended 31 October 2025. The Group reported gross contracted sales of approximately RMB15.20 billion with a contracted gross floor area $(GFA)$ of around 0.681 million square meters for October, representing a year-on-year decrease of 51.0% and 46.8%, respectively. For the first ten months of 2025, cumulative gross contracted sales totaled about RMB169.60 billion and contracted GFA reached approximately 6.410 million square meters, down 16.6% and 27.4% year-on-year, respectively. In October 2025, the Group's recurring revenue was approximately RMB4.33 billion, an increase of 3.0% year-on-year. Rental income from the investment property business for the month was RMB2.94 billion, up 16.8% year-on-year. For the first ten months of the year, cumulative recurring revenue was approximately RMB41.48 billion, up 7.2% year-on-year, with rental income from the investment property business at RMB27.10 billion, an increase of 13.0% year-on-year. The company noted that the disclosed figures are preliminary, derived from internal management records, and may differ from audited or unaudited financial statements to be published on a yearly or half-yearly basis.

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 November 12, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10