Brief: China Overseas Land & Investment Posts 9-Mths Contracted Property Sales Of RMB201.30 Bln
24/10/2022 11:41
Oct 24 (Reuters) - China Overseas Land & Investment Ltd
0688.HK :
* 9-MTHS CONTRACTED PROPERTY SALES RMB201.30 BILLION
DECREASE OF
26.9%
* QTRLY OPERATING PROFIT RMB RMB1.80 BILLION
* DURING Q3 GROUP'S REVENUE WAS RMB17.52 BILLION
* RETAINS CONFIDENCE IN HK ECONOMY, REAL ESTATE MARKET, WILL
CONTINUE TO SEIZE OPPORTUNITIES TO INCREASE INVESTMENT
* CAUTIOUSLY OPTIMISTIC THAT REAL ESTATE MARKET OF MAINLAND
CHINA
WILL BOTTOM OUT AND REBOUND
Further company coverage: 0688.HK
((Reuters.Briefs@thomsonreuters.com;))
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