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Date : 08 Oct, 2021 12:30
Source : Infocast

Market News CHINA OVERSEAS(00688) Sep contracted sales down 41.6%

(Infocast News) China Overseas Land & Investment Limited (00688) announced
certain operating data of the Company, together with its subsidiaries, joint
ventures and associates for the nine months ended 30 September 2021. For
September 2021, the contracted property sales of the China Overseas Series of
Companies amounted to approximately RMB20.373 billion, with a year-on-year
decrease of 41.6%; and the corresponding gross floor area (“GFA”) sold was
approximately 1,102,000 square meters, with a year-on-year decrease of 30.0%.

From January to September 2021, the accumulated contracted property sales of the
China Overseas Series of Companies amounted to approximately RMB275.301 billion
and the accumulated corresponding GFA sold was approximately 13,971,400 square
meters, with year-on-year increase of 7.0% and 1.9% respectively.

In addition, as at 30 September 2021, the China Overseas Series of Companies had
recorded subscribed property sales of approximately RMB16.279 billion, which
are expected to be turned into contracted property sales in the following
months. (SY)

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