Catching the mid-year performance of Xingcheng Commercial (06668) until June 30, 2024, the group has achieved revenue...
According to the Zhutong Finance APP, Xingcheng Commercial (06668) released its mid-year performance as of June 30, 2024. The group achieved a revenue of 0.314 billion yuan (same below), an 8.8% year-on-year increase; the attributable profit to owners of the company was 89.1 million yuan, a decrease of 8.1% year-on-year; and the earnings per share were 8.8 cents, with a proposed interim dividend of 0.048 Hong Kong dollars per share.
As of June 30, 2024, the group provided services to 54 commercial property projects, covering 21 cities in China, with a total contracted construction area of approximately 2.77 million square meters (excluding the construction area of 8 consulting service projects), of which about 47.8% were independently developed or owned by third parties. Among them, there are 29 retail commercial properties in operation, with a total operating area of approximately 1.77 million square meters.
In 2024, the group will continue to focus on the theme of "Quality Year," adhere to the "Focused Global Strategy" and the "1234 Strategy," namely, "1 Major Event - Ensuring Opening and Stable Operation, 2 Foci - Global Strategy Focus, Regional Focus, 3 Optimizations - Core Asset Optimization, Expansion Model Optimization, Organizational Capability Optimization, 4 Capabilities - Enhancing Product Capabilities, Resource Capabilities, Digital Capabilities, Innovation Capabilities." The group is resolutely implementing the principles of "Project-centered, Profit-centered, Customer-centered, Employee-centered," emphasizing the dual improvement of quality and management, and realizing the group's goal of sustainable and healthy development.