Xinyuan PM (01895) released its business performance for the six months ending on June 30, 2024, during which the group achieved income...
According to the Zhongtong Finance and Economics APP, Xinyuan PM (01895) released its business performance for the six months ending on June 30, 2024, during which the group achieved an income of 0.405 billion yuan (RMB, the same below), a year-on-year increase of 21.08%; the profit attributable to the holders of the company's equity was 50.85 million yuan, a year-on-year increase of 24.86%; the basic earnings per share were 8.96 cents; and a mid-year dividend of 5.52 Hong Kong cents per share is proposed.
The gross margin of the property management services was 30.2%, a decrease of 5.3 percentage points from 35.5% in 2023. The decrease in the gross margin of the property management services was mainly due to the impact of the relatively low gross margin of the newly added public building property management services business.
