China Overseas Land & Investment (00688) said the revenue of the Group's operations was HK$108.41 billion for the nine months ended 30 September 2017, an increase of 1.7% comparing with the same period last year.
The operating profit was HK$39.96 billion, recording an increase of 13.7% comparing with the same period last year.
Based on the unaudited interim result announcement made on 21 August 2017, the revenue and operating profit of the Group for the third quarter of 2017 was HK$21.21 billion and HK$7.83 billion respectively.
The Group together with its joint ventures and associates secured property contracted sales amounting to HK$183.64 billion for the nine months ended 30 September 2017. The aggregate property contracted sales for the first nine months have already made up 79.5% of the annual target revised in August, and representing an increase of 7.1% comparing with the same period last year. The Group will strive to meet the revised annual sales target of HK$231 billion.
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