China Res Land Limited announced on November 12, 2024, that the unaudited operational data for the month ending October 31, 2024, showed that the company and its subsidiaries achieved a total contract sales amount of approximately RMB 31 billion, with a total contracted sales building area of approximately 1.281 million square meters, representing a 12.4% and 20.8% increase year-on-year, respectively. However, as of the end of October 2024, the cumulative contract sales amount was approximately RMB 203.3 billion, with a total contracted sales building area of approximately 8.829 million square meters, showing a 22.4% and 19.6% decrease year-on-year, respectively. In October 2024, the group's operating income was approximately RMB 4.21 billion, a 17.3% annual increase, with operating rental income from real estate business of approximately RMB 2.51 billion, a 14.9% annual increase. The...Show More

China Res Land Limited announced on November 12, 2024, that the unaudited operational data for the month ending October 31, 2024, showed that the company and its subsidiaries achieved a total contract sales amount of approximately RMB 31 billion, with a total contracted sales building area of approximately 1.281 million square meters, representing a 12.4% and 20.8% increase year-on-year, respectively. However, as of the end of October 2024, the cumulative contract sales amount was approximately RMB 203.3 billion, with a total contracted sales building area of approximately 8.829 million square meters, showing a 22.4% and 19.6% decrease year-on-year, respectively. In October 2024, the group's operating income was approximately RMB 4.21 billion, a 17.3% annual increase, with operating rental income from real estate business of approximately RMB 2.51 billion, a 14.9% annual increase. The cumulative operating income as of the end of October 2024 was approximately RMB 38.7 billion, a 13.1% annual increase, with operating rental income from real estate business of approximately RMB 23.99 billion, a 14.8% annual increase. The company emphasized that the above preliminary data is based on internal management records, subject to change, and may differ from the numbers in annual or semi-annual financial statements and should not be considered as indicators of business or financial performance. Investors should exercise caution when trading the company's securities and should not rely on the above information; if in doubt, seek professional advice.