[ET Net News Agency, 7 July 2020] China Overseas Land & Investment Limited (00688) said
for June 2020, the contracted property sales of the China Overseas Series of Companies
amounted to RMB57.561 billion and the corresponding gross floor area (GFA) sold was
3,273,100 square metres, with a year-on-year increase of 32.3% and a year-on-year increase
of 30.4% respectively.
From January to June 2020, the accumulated contracted property sales of the China
Overseas Series of Companies amounted to RMB172.013 billion and the accumulated
corresponding GFA sold was 9,543,100 square metres, with a year-on-year increase of 4.2%
and a year-on-year increase of 3.5% respectively.
In addition, as at 30 June 2020, the China Overseas Series of Companies had recorded
subscribed property sales of RMB13.176 billion, which are expected to be turned into
contracted property sales in the following months.
For June 2020, the company acquired 8 land parcels in Taiyuan, Suzhou, Ningbo, Harbin
and Wuhan with aggregate attributable GFA of 2,302,486.07 square metres. The land premium
payable by the group in respect of the relevant land acquisitions amounted to RMB18,280.09
million.
From January to June 2020, the aggregate attributable GFA was 5,623,281.35 square metres
and the aggregate land premium payable by the Group amounted to RMB52,281.73 million. (RC)