CHINA RES LAND (01109) announced that for the month ending November 30, 2024, the Group achieved a total contracted sales amount of approximately 25.8 billion RMB and a total contracted sales area of approximately 1.203 million square meters, representing year-on-year growth of 6.9% and 11.1%, respectively. From January to November 2024, the cumulative contracted sales amount is approximately 229.1 billion RMB and the total contracted sales area is about 10.031 million square meters, reflecting year-on-year decreases of 19.9% and 16.8%, respectively.
In November 2024, the Group's recurring revenue is approximately 4.09 billion yuan, representing a year-on-year increase of 11.7%. Among these, the rental income from operation property business is about 2.47 billion yuan, showing a year-on-year growth of 12.3%. For the first eleven months of 2024, the accumulated recurring revenue is approximately 42.79 billion yuan, with a year-on-year increase of 13.0%. The rental income from operation property business is about 26.45 billion yuan, reflecting a year-on-year growth of 14.6%.
