China Merchants Land Sees Strong Sales Growth

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

China Merchants Land Limited reported a 5.15% year-on-year increase in contracted sales, reaching approximately RMB28,026 million for the first nine months of 2024, despite a slight decrease in sales area. The third quarter alone saw a significant boost with a 24.29% rise in sales, totaling approximately RMB8,343 million, indicating strong market demand and a robust performance.

For further insights into HK:0978 stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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