China Overseas Grand Oceans Sales Mixed in July

China Overseas Grand Oceans Group Limited (HK:0081) has released an update.

China Overseas Grand Oceans Group Limited reported a mixed financial performance for July 2024, with contracted property sales reaching RMB 2.23 billion, a 4.1% decrease from the previous year, while contracted GFA rose by 10.6%. Year-to-date figures showed a more significant decline, with a 24.8% drop in sales and a 20% reduction in GFA. The company also expanded its portfolio by acquiring a new project in Yinchuan, adding 178,466 square meters to its development pipeline.

For further insights into HK:0081 stock, check out TipRanks’ Stock Analysis page.