China Resources Land Limited announced on September 12, 2024 that unaudited operating data for the month ended August 31, 2024 showed that the company and its subsidiaries achieved a total contract sales amount of approximately RMB 15.2 billion and a total contract sales area of approximately 0.735 million square meters, representing a decrease of 25.1% and 17.6% respectively compared to the same period last year. The cumulative contract sales amount for the first eight months of 2024 was approximately RMB 155.4 billion, and the total contract sales area was approximately 6.675 million square meters, a year-on-year decrease of 25.2% and 24.7% respectively. However, in August 2024, the Group's recurring income was approximately RMB 4 billion, a year-on-year increase of 12.2%. Among them, rental income from operating real estate business was approximately...Show More

China Resources Land Limited announced on September 12, 2024 that unaudited operating data for the month ended August 31, 2024 showed that the company and its subsidiaries achieved a total contract sales amount of approximately RMB 15.2 billion and a total contract sales area of approximately 0.735 million square meters, representing a decrease of 25.1% and 17.6% respectively compared to the same period last year. The cumulative contract sales amount for the first eight months of 2024 was approximately RMB 155.4 billion, and the total contract sales area was approximately 6.675 million square meters, a year-on-year decrease of 25.2% and 24.7% respectively. However, in August 2024, the Group's recurring income was approximately RMB 4 billion, a year-on-year increase of 12.2%. Among them, rental income from operating real estate business was approximately RMB 2.5 billion, a year-on-year increase of 14.4%. The cumulative recurring income for the first eight months of 2024 was approximately RMB 30.67 billion, a year-on-year increase of 13.9%. Among them, rental income from operating real estate business was approximately RMB 19.04 billion, a year-on-year increase of 15.9%. The data is based on internal management records and may differ from formal financial statements, and should not be used as indicators of operating or financial performance. Investors should exercise caution and should not rely on this information for trading decisions, and should seek professional advice. The announcement was made by Mr. Li Xin, Chairman of the Board.