Zhitong Finance App News, China Resources Land (01109) issued an announcement. As of March 31, 2025, the Company and its subsidiaries (the Group) have achieved a total contract sales amount of about RMB 26.10 billion and a total contract sales floor area of about 906,000 square meters, respectively.

Zhitongcaijing · 04/14 14:33

According to the Zhitong Finance App, China Resources Land (01109) issued an announcement. As of March 31, 2025, the Company and its subsidiaries (the Group) achieved a total contract sales amount of about RMB 26.10 billion and a total contract sales floor area of about 906,000 square meters, a year-on-year decrease of 13.3% and 27.9% respectively. The cumulative contract sales amount for the first 3 months of 2025 was approximately RMB 51.2 billion, and the total contract sales floor area was about 1,979,000 square meters, increasing by 0.9% and decreasing by 11.8%, respectively.

In March 2025, the Group's recurring revenue was approximately RMB 4.0 billion, an increase of 8.5% year-on-year. Among them, rental revenue from the operating real estate business was approximately RMB 2.57 billion, an increase of 12.3% year-on-year. The cumulative recurring revenue for the first 3 months of 2025 was approximately RMB 12.39 billion, an increase of 10.6% year-on-year. Among them, rental income from the operating real estate business was approximately RMB 8.03 billion, an increase of 12.6% year-on-year.