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China Merchants Land Limited ( (HK:0978) ) has issued an update.
China Merchants Land Limited reported unaudited operating statistics for the first quarter of 2025, indicating a slight decline in performance. The company achieved contracted sales of approximately RMB6,608.89 million, a 0.93% decrease year-on-year, with a sales area of 272,056 square meters, down 8.43% from the previous year. These figures, based on preliminary internal data, suggest a challenging market environment, urging investors to exercise caution.
More about China Merchants Land Limited
China Merchants Land Limited is a company incorporated in the Cayman Islands, operating in the real estate industry. It focuses on property development and management, primarily in China, with a network of subsidiaries, associates, and joint ventures.
YTD Price Performance: -20.0%
Technical Sentiment Signal: Buy
Current Market Cap: €122.1M
For detailed information about 0978 stock, go to TipRanks’ Stock Analysis page.