China Resources Land Books 25% Lower Contracted Sales in August

China Resources Land (HKG:1109) booked gross contracted sales of about 15.2 billion yuan, down 25.1% year-on-year, and a contracted gross floor area of about 735,000 square meters, down 17.6% year on year, in August, a Thursday filing with the Hong Kong Exchange said.

For the year 2024, the group logged 25.2% lower year-on-year contracted sales of about 155.40 billion yuan and 24.7% year-on-year lower contracted gross floor area of about 6.7 million square meters.

The property developer's shares closed over 1% higher on Thursday.

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