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China Merchants Land Limited Reports 10% Rise in 2024 Sales
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China Merchants Land Limited Reports 10% Rise in 2024 Sales

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Invest with Confidence:

China Merchants Land Limited ( (HK:0978) ) has provided an update.

China Merchants Land Limited announced its unaudited operating statistics for the year ended December 31, 2024, reporting a 10% increase in aggregate contracted sales amounting to approximately RMB42,462 million. The sales area, however, saw a slight decrease of 0.14%. Notably, the last quarter of 2024 showed a stronger performance with a 20.83% year-on-year increase in sales, reflecting a robust market position despite minor fluctuations in sales areas. These figures highlight the company’s resilient market positioning and potential positive impacts on its stakeholders.

More about China Merchants Land Limited

China Merchants Land Limited is a company incorporated in the Cayman Islands and is involved in the real estate industry. The company, along with its subsidiaries, joint ventures, and associated companies, focuses on property development and sales.

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €153.1M

See more data about 0978 stock on TipRanks’ Stock Analysis page.

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