China Res Land Limited announced on August 12, 2024 that unreviewed operational data for the one-month period ended July 31, 2024 showed that the company and its subsidiaries achieved a total sales amount of approximately RMB 15.5 billion and a total sales area of approximately 0.729 million square meters. This represents a decrease of 9.8% and 24.7%, respectively, compared to the same period last year. At the same time, the cumulative contract sales amount for the first seven months of 2024 was approximately RMB 140.2 billion, and the total sales area was approximately 5.94 million square meters. This represents a decrease of 25.2% and 25.6%, respectively, compared to the previous year. However, the company's operating income in July 2024 was approximately RMB 3.9 billion, an increase of 13.7% year-on-year. Among which, the...Show More

China Res Land Limited announced on August 12, 2024 that unreviewed operational data for the one-month period ended July 31, 2024 showed that the company and its subsidiaries achieved a total sales amount of approximately RMB 15.5 billion and a total sales area of approximately 0.729 million square meters. This represents a decrease of 9.8% and 24.7%, respectively, compared to the same period last year. At the same time, the cumulative contract sales amount for the first seven months of 2024 was approximately RMB 140.2 billion, and the total sales area was approximately 5.94 million square meters. This represents a decrease of 25.2% and 25.6%, respectively, compared to the previous year. However, the company's operating income in July 2024 was approximately RMB 3.9 billion, an increase of 13.7% year-on-year. Among which, the business rental income of the operational real estate was approximately RMB 2.39 billion, which increased by 13.7% year-on-year as well. The cumulative operating income for the first seven months of 2024 was approximately RMB 26.68 billion, an increase of 14.1% year-on-year. Among which, the business rental income of the operational real estate was approximately RMB 16.55 billion, an increase of 16.1% year-on-year. The company emphasizes that these preliminary data are from internal management records, which may be subject to change and may differ from the annually or semi-annually reviewed or unreviewed consolidated financial statements. They are for reference only.