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00688 CHINA OVERSEAS
RTNominal up11.260 +0.640 (+6.026%)
Others

07/05/2021 09:16

China Overseas (00688) contracted sales up 13.5% in April

[ET Net News Agency, 7 May 2021] China Overseas Land and Investment Limited (00688)
said its contracted property sales grew 13.5% year-on-year to RMB31.726 billion for April
2021, and the corresponding gross floor area (GFA) sold was 1.49 million square meters,
which is flat from the same period of the previous year.
From January to April, the accumulated contracted property sales of the Group amounted
to RMB121.137 billion (up 38.2%) and the accumulated corresponding GFA sold was 5.91
million square meters, representing a growth of 23.5%.
In April, the company acquired one land parcel in Chongqing with an aggregate
attributable GFA of 27,597 square meters The land premium payable by the Group in
respect of the relevant land acquisitions amounted to RMB364 million.
From January to April 2021, the aggregate land premium payable by the Group amounted to
RMB17,993 million. (KL)

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