China Overseas Land & Investment Ltd
00688: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @gH | LOCK|kK | LOCK|@Gw#rj< |
COLI Earnings: Margin Pressure Offset by Robust Property Sales; Shares Remain Attractive
China Overseas Land and Investment's first-quarter revenue rose 1% year on year. However, operating profit declined by 27% due to weaker margins of delivered units. Forward sales momentum remained solid, with contracted sales up 11% on strong demand in affluent cities.
