CH OVS G OCEANS (00081) Operating profit for the first three quarters approximately RMB 905 million, up 17.1% year-on-year.
China Overseas Grand Oceans Group (00081) announced that for the nine months ended September 30, 2026, the Group's revenue was approximately RMB 19.125 billion, down 10.0% compared with the same period last year, while operating profit was approximately RMB 905 million, up 17.1% compared with the same period last year.
CH OVS G OCEANS (00081) announces that for the nine months ended September 30, 2026, the Group's revenue was approximately RMB 19.125 billion, down 10.0% compared with the same period last year, while operating profit was approximately RMB 905 million, up 17.1% compared with the same period last year.
In the third quarter of 2026, the aggregate contracted sales of the Group and its associates and joint ventures (collectively, the "China Overseas Grand Oceans Group Companies") amounted to approximately RMB 7.748 billion, involving a sales area of approximately 655,300 sq.m. For the nine months ended September 30, 2026, total cumulative contracted sales amounted to approximately RMB 26.886 billion, involving an area of approximately 2,302,400 sq.m., up 14.0% and 8.8% respectively compared with the same period last year. In addition, as of September 30, 2026, the total amount of cumulative subscriptions pending the signing of sale and purchase contracts was approximately RMB 477 million, involving an area of approximately 35,800 sq.m.
During the quarter, the Group acquired a total of six new land parcels in Huizhou, Xuzhou, Ganzhou, Nanning, Hefei and Yiwu, with an aggregate attributable gross floor area of approximately 796,000 sq.m. and total attributable land premium payable of approximately RMB 3.172 billion. As of September 30, 2026, the China Overseas Grand Oceans Group Companies held a land reserve in mainland China with a total buildable gross floor area of approximately 11,684,500 sq.m. (including approximately 10,318,600 sq.m. of attributable gross floor area held by associates and joint ventures).
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