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01109 CHINA RES LAND
RTNominal up25.300 +0.900 (+3.689%)
Others

13/08/2020 11:18

China Res Land (01109) Jul contracted sales up 89.5%

[ET Net News Agency, 13 August 2020] China Resources Land Limited (01109) said for the
month ended 31 July 2020, the group achieved gross contracted sales of RMB23.97 billion
with contracted GFA of 1,133,826 square metres, up by 89.5% and 57.4% YoY respectively.
Over the same period, attributable contracted sales achieved RMB14.32 billion with
contracted GFA of 804,530 square metres, up by 84.3% and 52.0% YoY respectively.
Rental income from investment properties in July 2020 achieved RMB1.144 billion, up by
15.3% YoY. Rental income from investment properties for the first seven months of 2020
achieved RMB6.25 billion, down by 7.9% YoY.
In July 2020, the group acquired 7 land parcels in Hohhot, Xi'an, Shenyang, Ji'ning,
Wuxi and Nanning with total GFA of 1,467,059 square metres. The attributable land premium
payable by the group of the land acquisition amounted to RMB8.07 billion. (RC)

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