China Overseas Grand Oceans Group's (HKG:0081) operating profit reached 131 million yuan in the third quarter, according to a Monday filing with the Hong Kong Exchange.
Revenue for the quarter reached 5.10 billion yuan, the filing said.
Total contracted sales were at 7.39 billion yuan during the period with the contracted sales area at 671,500 square meters in the three-month period, the filing said.
China Overseas Grand Oceans purchased two plots of land in Yinchuan and Ganzhou for 1.45 billion yuan and an attributable gross floor area of 360,200 square meters, the filing said.
Shares closed 2% higher during Monday's trading.
Price (HKD): $2.18, Change: $-0.060, Percent Change: -2.68%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.