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Grandjoy Holdings Group (SZSE:000031 Shareholders Incur Further Losses as Stock Declines 4.6% This Week, Taking Five-year Losses to 65%
We think intelligent long term investing is the way to go. But along the way some stocks are going to perform badly. To wit, the Grandjoy Holdings Group Co., Ltd. (SZSE:000031) share price managed
Grandjoy Holdings Group: 2024 Interim Performance Forecast
Grandjoy Holdings Group (000031.SZ): Expected loss of 0.26 to 0.49 billion yuan in the first half of the year.
On July 5th, Grandjoy Holdings Group (000031.SZ) announced the performance forecast for the first half of 2024, with a net income attributable to shareholders of the listed company of -260 million yuan to -490 million yuan, compared to a profit of 50.7545 million yuan in the same period last year; After deducting non-recurring gains and losses, the net loss attributable to shareholders of listed companies is -340 million yuan to -590 million yuan, compared to a profit of 21.7837 million yuan in the same period last year; basic earnings per share are -0.06 yuan/share to -0.11 yuan/share. During the reporting period, the net profit attributable to shareholders of the listed company was negative, mainly due to: (1) affected by sales.
Grandjoy Holdings Chairman Steps Down; Successor Named
Grandjoy Holdings Group (SHE:000031) Chairman Chen Lang resigned from the post due to work adjustments but will continue to serve as a company director, according to a Friday filing with the Hong Kong
According to Zhongzhi Research Institute, the total sales amount of the top 100 real estate developers in the first half of the year was RMB 2083.47 billion, a year-on-year decrease of 41.6%.
China Real Estate Research Institute released the sales performance ranking of Chinese real estate companies in the first half of 2024.
Joy City PPT (00207.HK): Chen Lang resigns as director and is succeeded by General Manager Yao Changlin.
On June 28th, Gelonhui announced that the following changes of Joy City PPT (00207.HK) will take effect from June 28th, 2024: (1) Chen Lang has resigned as the chairman of the board of directors and no longer serves as the chairman of the nomination committee and authorized representative. Chen Lang will continue to serve as a non-executive director; (2) Yao Changlin, executive director and general manager, as well as members of the remuneration committee and executive committee, has taken on additional roles as chairman of the board of directors, chairman of the nomination committee, and authorized representative; (3) Liu Yun and Zhu Laibin have resigned as non-executive directors; and (4) Zhang Hongfei, Zhang Mingrui, and Wu Lipeng have been appointed as non-executive directors.
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