CHINA OVERSEAS (00688): The property sales amount in February is approximately 13.2 billion RMB, an increase of 55.5% year-on-year.
China Overseas Development (00688) issued an announcement that in February 2025, the contract property sales of China Overseas subsidiary companies overseas...
CHINA OVERSEAS (00688) announced that in February 2025, the contracted sales amount of properties for China Overseas Group reached approximately RMB 13.20 billion, representing a year-on-year increase of 55.5%. The corresponding sales area was approximately 652,700 square meters, an increase of 53.0% compared to the previous year.
From January to February 2025, the total contracted sales amount of properties for China Overseas Group reached approximately RMB 25.22 billion, with a total sold floor area of approximately 1,245,900 square meters, representing year-on-year increases of 32.8% and 26.2%, respectively.
Furthermore, as of February 28, 2025, China Overseas Group has recorded contracted sales of approximately RMB 7.086 billion, which is expected to be converted into contracted property sales in the coming months.
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