CHINA RES LAND Reports RMB 70.0 Billion in Contract Sales for First Four Months, Up 2.2% Year-on-Year

Stock News05-12 18:44

CHINA RES LAND (01109) announced that for the month ended April 30, 2026, the company and its subsidiaries (the Group) achieved total contract sales of approximately RMB 25.88 billion, with a total contracted sales floor area of approximately 594,000 square meters, representing a year-on-year increase of 49.6% and a decrease of 0.1%, respectively. For the cumulative period from January to April 2026, the total contract sales amounted to approximately RMB 70.00 billion, with a total contracted sales floor area of approximately 1,843,000 square meters, reflecting a year-on-year increase of 2.2% and a decrease of 28.4%, respectively. In April 2026, the Group's recurring income was approximately RMB 4.23 billion, a year-on-year increase of 7.0%. Within this, rental income from operational property leasing businesses was approximately RMB 2.85 billion, up 11.3% year-on-year. For the first four months of 2026, the cumulative recurring income reached approximately RMB 17.57 billion, a 7.4% increase year-on-year. Of this, rental income from operational property leasing businesses totaled approximately RMB 12.00 billion, representing a 13.3% year-on-year increase.

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