China Overseas Land & Investment (HKG:0688) recorded contracted sales of around 18.8 billion yuan in September, down 33% from the year-ago period, a Thursday bourse filing said.
The property company's corresponding sales area also fell by 4.6% year over year to approximately 949,400 square meters for the month.
From January to September, contracted sales and sales area fell by 17% and 26%, respectively, to roughly 198.8 billion yuan and 7.6 million square meters.
As of Sept. 30, the firm's subscribed property sales stood at around 15.3 billion yuan.
In September, the company bought four land parcels in Haikou, Shijiazhuang, Shenzhen, and Changchun with an attributable gross floor area of roughly 484,398.63 square meters.
Shares of the company closed over 3% higher on Thursday.
Price (HKD): $14.86, Change: $+0.46, Percent Change: +3.19%
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