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

04/03/2021 17:48

China Overseas (00688) Feb property sales up 86%

[ET Net News Agency, 4 March 2021] China Overseas Land & Investment Limited (00688)
said for February 2021, the contracted property sales of the China Overseas Series of
Companies amounted to RMB23.561 billion and the corresponding gross floor area (GFA) sold
was 1,126,000 square metres, with a year-on-year increase of 86% and 59.4% respectively.
From January to February 2021, the accumulated contracted property sales of the China
Overseas Series of Companies amounted to RMB50.579 billion and the accumulated
corresponding GFA sold was 2,542,700 square metres, with a year-on-year increase of 53.5%
and 40.5% respectively.
In addition, as at 28 February 2021, the China Overseas Series of Companies had recorded
subscribed property sales of RMB20.646 billion, which are expected to be turned into
contracted property sales in the following months. (RC)

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