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China Resources Land ( (HK:1109) ) has issued an update.
China Resources Land Limited reported unaudited operating figures for January 2025, achieving gross contracted sales of approximately RMB11.6 billion, with a slight increase in sales but a decrease in contracted gross floor area compared to the previous year. The company’s recurring revenue saw a significant rise, particularly from its investment property business, emphasizing its strong position in the real estate market.
More about China Resources Land
China Resources Land Limited is a company incorporated in the Cayman Islands, primarily operating in the real estate industry. The company focuses on contracted sales and investment properties, generating substantial revenue from rental income.
YTD Price Performance: 8.57%
Average Trading Volume: 11,172
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $22.25B
For an in-depth examination of 1109 stock, go to TipRanks’ Stock Analysis page.
