(Hong Kong, 6 March 2023) China Overseas Land and Investment Ltd. (the “Company”; Stock Code: 0688.HK) announced that for February 2023, the contracted property sales of the Company, together with its subsidiaries, joint ventures and associates (collectively the “China Overseas Series of Companies”) amounted to approximately RMB27.424 billion, with a year-on-year increase of 153.0%, and the corresponding gross floor area sold was approximately 1,493,500 square meters, with a year-on-year increase of 155.1%.
From January to February 2023, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB40.611 billion and the accumulated corresponding GFA sold was approximately 2,204,700 square meters, with year-on-year increase of 58.5% and 56.0% respectively.
For February 2023, the Company and China Overseas Grand Oceans Group Limited (“COGO”) and their respective subsidiaries did not acquire any land parcels.
Note: In view of the uncertainties involved in investment and sales process, discrepancies may exist between the above figures and those disclosed in our regular reports. As such, the above is for reference only.
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