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CHINA OVERSEAS (00688.HK) 1Q Operating Profit RMB4.11 Billion, Down 27.5% YoY
2026-04-29 16:45:58 CHINA OVERSEAS (00688.HK) announced its results for the first quarter ended end-March this year. Revenue amounted to RMB37.04 billion, up 0.8% YoY, while operating profit fell 27.5% YoY to RMB4.11 billion. During the period, contracted property sales reached RMB51.52 billion, up 11% YoY, with corresponding contracted sales area of 1.82 million square meters. The Group added three land parcels in two mainland cities and Hong Kong. The newly added attributable gross floor area was 130,000 square meters, with attributable land premium of RMB2.13 billion. (sl/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |