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Performance is polarized, is your residential property OK?
High-quality property companies that have returned to the cash cow logic at this stage may be able to regain the favor of fundamental investors through steady management and high dividends; for investors with higher risk appetite, those property companies that continue to make progress in expanding and cultivating value-added businesses with third parties may also have a high value of attention.
Investors Don't See Light At End Of SCE Intelligent Commercial Management Holdings Limited's (HKG:606) Tunnel And Push Stock Down 29%
SCE Intelligent Commercial Management See Nearly 25% Profit Boost in 2023
SCE CM: Annual Report 2023
Zhongjun Commercial Management (00606) announces 2023 annual results. Profit attributable to shareholders of 257 million yuan increased by 23.5% year-on-year
According to the Zhitong Finance App, Zhongjun Commercial Management (00606) announced the results for the year ended December 31, 2023. The group achieved revenue of 1,248 billion yuan (RMB, same below) during the period, an increase of 5.5% over the previous year; profit attributable to the owner of the parent company was 255 million yuan, an increase of 23.5% over the previous year; and the basic profit per share was 12.9 points. According to the announcement, the increase in revenue was due to the combined impact of an increase in construction area under management and a decrease in revenue from value-added services. As of December 31, 2023, the total number of contracted commercial properties (including shopping malls and office buildings) was 39, with a total contracted construction area of about 5 million square meters
SCE CM: ANNUAL RESULTS ANNOUNCEMENT FORTHE YEAR ENDED 31 DECEMBER 2023
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