No Data
Ni Hong, the Minister of Housing and Urban-Rural Development, spoke at the Two Sessions: four major measures to ensure the stability and recovery of the real estate market.
① "We will work with relevant departments to combine short and long-term measures, addressing both symptoms and root causes, and resolutely stabilize the real estate market," said Ni Hong, the Minister of Housing and Urban-Rural Development. ② Regarding how to stabilize the real estate market, Ni Hong stated that efforts will be made in four aspects.
Yuexiu Property: Lower Property Sales, Impairment Provision Among Factors Hurting Results >0123.HK
YUEXIU PROPERTY (00123.HK) warns of earnings: it is expected that the profit attributable to equity holders in 2024 will decrease by approximately 65% to 70% year-on-year.
On March 7th, Gelonghui announced that YUEXIU PROPERTY (00123.HK) expects that profit attributable to equity holders for the year ending December 31, 2024, will decline by approximately 65% to 70% compared to the year ending December 31, 2023, and core Net income is expected to decrease by about 50% to 55% year-on-year. Core Net income refers to the profit attributable to equity holders after excluding the net exchange gains/(losses) from the consolidated statement of profit or loss, the fair value net increase/(decrease) of investment properties held for continued use (excluding the disposal of investment properties in the current year), and the related tax impacts, as well as impairment of intangible assets.
Express News | Yuexiu Property Sees Profit Attributable Decreased by 65-70% for Year
YUEXIU PROPERTY: PROFIT WARNING
Express News | Yuexiu Property Co Ltd - February Contracted Sales Value at RMB6,225 Million, up 63.2% YoY
