China Overseas (00688) reported a revenue of 103 billion yuan and an operating profit of 13.15 billion yuan in the first three quarters.

China Overseas (00688) announced that in the third quarter of 2025, the Federal Reserve once again restarted interest rate cuts, and the global economy remained complex and volatile. China continues to implement targeted macroeconomic policies, with the economy making steady progress, but still facing multiple internal and external risks and challenges. In the third quarter of 2025, despite the real estate sector still being in a downturn, thanks to stabilizing measures in various places to stabilize the real estate market, actively supporting the release of rigid and improved housing demand, the year-on-year decline in national commodity housing sales narrowed, and the real estate market continued to stabilize after bottoming out. The Group remains financially healthy, cash rich, with excellent asset quality, strong safety barriers, and continuously enhanced resource aggregation capabilities, maintaining a development trend of both offense and defense, with its comparative advantages further highlighted. The Group is confident in maintaining stable and sustainable high-quality development. In the first nine months of 2025, the Group, together with its associated and joint ventures, achieved contracted property sales of RMB 170.5 billion, with a corresponding sales area of 7.58 million square meters. In the third quarter of 2025, the Group added 9 land parcels in five cities in mainland China (including land acquired through signed equity transactions), with a total land reserve construction area of 1.49 million square meters, equity construction area of 1.06 million square meters, total land price of RMB 60.5 billion, and equity land price of RMB 36.52 billion. In the third quarter of 2025, the Group's revenue was RMB 19.78 billion, with an operating profit of RMB 1.03 billion. As of the end of September 30, 2025, the Group's revenue was RMB 103 billion, with an operating profit of RMB 13.15 billion.