China Overseas Grand Oceans Group Limited (HK:0081) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
China Overseas Grand Oceans Group Limited reported a mixed financial outlook for May 2024, with property contracted sales reaching RMB3.8 billion and a contracted gross floor area (GFA) of 323,600 square meters, representing a slight year-on-year sales decrease but a GFA increase. The cumulative figures from January to May 2024 reveal a more significant decline in sales and GFA compared to the previous year. The company also disclosed that it did not acquire any new land in May and provided cautionary advice to investors regarding the preliminary nature of these unaudited statistics.
For further insights into HK:0081 stock, check out TipRanks’ Stock Analysis page.
