On August 28, GeLongHui announced its interim performance, with hevol services (06093.HK) recording a revenue of RMB 0.672 billion in the first half of 2024, a year-on-year increase of 3.89%; gross profit was RMB 0.188 billion, a year-on-year decrease of 5.38%; net profit attributable to equity shareholders of the company was RMB 39.539 million, a year-on-year decrease of 27.06%, and basic earnings per share were RMB 7.06 cents.
The total area under management of the group increased by approximately 9.9% from around 55.6 million square meters in the six months ended June 30, 2023, to around 61.1 million square meters in the six months ended June 30, 2024; the total contracted area increased by approximately 7.8% from around 63.7 million square meters in the six months ended June 30, 2023, to around 68.7 million square meters in the six months ended June 30, 2024.