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China Overseas Grand Oceans Reports Decline in Sales but Expands in Jiangsu

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China Overseas Grand Oceans Reports Decline in Sales but Expands in Jiangsu

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China Overseas Grand Oceans Group Limited ( (HK:0081) ) has shared an announcement.

In January 2025, China Overseas Grand Oceans Group reported a decline in property contracted sales and gross floor area, with a year-on-year decrease of 6.6% and 16.0%, respectively. Despite the downturn, the Group acquired a new project in Nantong, Jiangsu Province, with a total gross floor area of 89,163 square meters at a cost of RMB535.4 million, indicating continued expansion efforts in the region.

More about China Overseas Grand Oceans Group Limited

China Overseas Grand Oceans Group Limited operates in the real estate sector, focusing on property development and sales, primarily in China. The company is involved in acquiring and managing property projects, and it targets residential and commercial real estate markets.

YTD Price Performance: -5.08%

Average Trading Volume: 5,980,853

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$5.98B

For detailed information about 0081 stock, go to TipRanks’ Stock Analysis page.

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