China Resources Land Reports 5.6% Increase in First-Half Contract Sales Value

Stock News
Jul 13

China Resources Land (CHINA RES LAND) (01109) has released its operational figures.

For the single month ending June 30, 2026, the group achieved a total contracted sales value of approximately RMB 22.99 billion and a total contracted sales area of about 799,000 square meters. These figures represent year-on-year decreases of 2.0% and 11.0%, respectively.

Looking at the cumulative performance for the first six months of 2026, the total contracted sales value reached around RMB 116.50 billion, marking a year-on-year increase of 5.6%. The total contracted sales area for the period was approximately 3.162 million square meters, which is a decrease of 23.2% compared to the same period last year.

In terms of recurring income, the group generated approximately RMB 4.46 billion in June 2026, a 7.1% increase year-on-year. Within this, rental income from operational investment properties amounted to about RMB 2.87 billion, showing a robust growth of 10.7%.

For the first half of 2026, the cumulative recurring income totaled roughly RMB 26.47 billion, up 7.6% from the previous year. The rental income from operational investment properties during this period was approximately RMB 17.87 billion, registering a significant year-on-year increase of 12.6%.

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