China Resources Land reports mixed september operating figures

China Resources Land Limited announced its unaudited operating figures for September 2025, with gross contracted sales reaching RMB17.60 bn. This figure represents a 4.2% year-over-year increase, despite a 30.2% decrease in contracted gross floor area (GFA) to 0.610m square meters for the month. For the first nine months of 2025, gross contracted sales totaled RMB154.40 bn, marking a 10.4% decrease, with contracted GFA down 24.1% to 5.729m square meters.

The Group’s recurring revenue in September 2025 was approximately RMB4.10 bn, an increase of 7.5% year-over-year. Rental income from investment property business specifically grew by 13.6% to RMB2.76 bn. Over the first nine months of the year, cumulative recurring revenue reached RMB37.15 bn, up 7.7% year-over-year, with cumulative rental income from investment properties amounting to RMB24.16 bn, an increase of 12.5%.

These preliminary figures are derived from internal management records and are subject to change. Investors are advised to exercise caution and seek professional advice due to the unaudited nature of the information.