China Resources Land Reports November Contracted Sales of RMB23 Billion

Reuters12-12
China Resources Land Reports November Contracted Sales of RMB23 Billion

China Resources Land Limited announced its unaudited operating figures for November 2025. The Group achieved gross contracted sales of approximately RMB23.00 billion with contracted gross floor area $(GFA)$ of about 1.135 million square meters, representing year-on-year decreases of 10.8% and 5.6% respectively. For the first eleven months of 2025, gross contracted sales totaled approximately RMB192.60 billion and contracted GFA reached around 7.545 million square meters, down 15.9% and 24.8% year-on-year respectively. In November 2025, recurring revenue was approximately RMB4.38 billion, up 7.1% year-on-year. Rental income from the investment property business was RMB2.84 billion, an increase of 15.0% year-on-year. For the first eleven months of the year, cumulative recurring revenue reached approximately RMB45.86 billion, up 7.2% year-on-year, while cumulative rental income from investment property amounted to RMB29.93 billion, up 13.2% year-on-year. The company noted that these preliminary figures are derived from internal management records and may differ from audited or unaudited financial statements to be published on a yearly or half-yearly basis.

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