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China Overseas Land & Investment ( (HK:0688) ) has issued an announcement.
China Overseas Land & Investment Limited announced its unaudited interim results for the first half of 2025, reporting a profit attributable to shareholders of RMB8.6 billion and a core profit of RMB8.78 billion. Despite a decrease in revenue compared to the previous year, the company maintained a strong financial position with a net gearing of 28.4% and low borrowing costs. The acquisition of 17 land parcels across major cities in China and Hong Kong reflects the company’s strategic expansion efforts, while the declared interim dividend of HK25 cents per share indicates a commitment to shareholder returns.
The most recent analyst rating on (HK:0688) stock is a Hold with a HK$15.00 price target. To see the full list of analyst forecasts on China Overseas Land & Investment stock, see the HK:0688 Stock Forecast page.
More about China Overseas Land & Investment
China Overseas Land & Investment Limited is a prominent player in the real estate industry, primarily focusing on property development and investment in commercial and residential sectors. The company operates extensively in mainland China and Hong Kong, acquiring significant land parcels to expand its land reserve.
Average Trading Volume: 19,501,482
Technical Sentiment Signal: Buy
Current Market Cap: HK$158B
For an in-depth examination of 0688 stock, go to TipRanks’ Overview page.