China Overseas Grand Oceans Logs 53% Boost in November Contracted Sales

MT Newswires Live
05 Dec 2024

China Overseas Grand Oceans Group (HKG:0081) recorded contracted sales and a gross floor area (GFA) of around 4.07 billion yuan and 339,300 square meters, respectively, in November, up 53% and 73% from a year prior, a Thursday bourse filing said.

From January to November, contracted sales and GFA fell by 12% and 7%, respectively, to 35.53 billion yuan and about 3.1 million square meters.

As of Nov. 30, property subscription sales stood at around 774 million yuan, with a subscription GFA of 70,100 square meters.

The property company acquired one new project in Hefei, Anhui Province, in November with a total GFA of 95,595 square meters and land cost of 710.7 million yuan.

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