CHINA RES LAND (01109) Reports RMB192.6 Billion in Contracted Sales for First 11 Months, Down 15.9% YoY

Stock News12-12 21:26

CHINA RES LAND (01109) announced that for the month ending November 30, 2025, the group and its subsidiaries achieved total contracted sales of approximately RMB23 billion, with a total contracted sales area of about 1.135 million square meters, representing year-on-year declines of 10.8% and 5.6%, respectively.

For the first 11 months of 2025, cumulative contracted sales amounted to approximately RMB192.6 billion, while the total contracted sales area reached about 7.545 million square meters, reflecting year-on-year decreases of 15.9% and 24.8%, respectively.

In November 2025, the group's recurring income rose 7.1% YoY to approximately RMB4.38 billion, including rental income from operational property businesses of about RMB2.84 billion, up 15.0% YoY.

For the January-November 2025 period, cumulative recurring income grew 7.2% YoY to RMB45.86 billion, with rental income from operational property businesses increasing 13.2% YoY to RMB29.93 billion.

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