China Overseas Grand Oceans Group (HKG:0081) together with its associates and joint ventures, recorded contracted property sales of 7.39 billion yuan for a sold area of 671,500 square meters for the third quarter of 2024, a Monday Hong Kong bourse filing said.

The group recorded contracted sales of 26.4 billion yuan for an area of 2.33 million square meters for the nine months ended Sept. 30, 23.3% and 18.7% lower respectively from the contracted sales and sold area during the same period last year.

The group recorded an operating profit of 131 million yuan and a revenue of 5.10 billion for the third quarter of 2024.

A total operating profit of 1.45 billion yuan and an aggregate revenue of 27.0 billion yuan were recorded for the nine months ended Sept. 30, 66.2% and 31.0% lower than the operating profit and revenue from the corresponding period in 2023.

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