China Overseas Grand Oceans Group Limited ( (HK:0081) ) has issued an update.
In March 2025, China Overseas Grand Oceans Group Limited reported a significant decline in its property contracted sales and gross floor area (GFA) compared to the previous year, with a 24.1% and 24.9% decrease respectively. Despite this downturn, the company acquired new projects, including a notable acquisition in Hefei, Anhui Province, indicating a strategic focus on expanding its land holdings. These acquisitions, although costly, suggest an effort to strengthen the company’s market position amidst challenging sales figures.
More about China Overseas Grand Oceans Group Limited
China Overseas Grand Oceans Group Limited operates in the real estate industry, focusing primarily on property development and sales. The company engages in acquiring and managing properties across various regions, with a market focus on expanding its land bank and property portfolio.
YTD Price Performance: 2.26%
Average Trading Volume: 6,513,733
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$6.44B
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