China Overseas Land & Investment (HKG:0688) recorded contracted property sales of around 40.2 billion yuan in December 2024, up 77% from the year-ago period, a Tuesday bourse filing said.
The property company's corresponding sales area for the month rose by 32% to about 1.3 million square meters.
For the year 2024, contracted sales rose by 0.3% to roughly 310.7 billion yuan, with sales area falling 14% to 11.5 million square meters.
As of Dec. 31, 2024, the firm logged subscribed property sales of around 13.7 billion yuan.
In December 2024, the company acquired six land parcels in China with an attributable gross floor area of a little over 1.1 million square meters.
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