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KRP Development Shareholders Unanimously Approve Resolutions
KRP Development Holdings' Upcoming AGM Details
KRP DEVELOPMENT: Annual Report 2023/2024
KRP Development's Profit Down in Fiscal Year 2023
Kaisa Group (02421) released its annual results, with a net profit attributable to shareholders of 40.069 million yuan, a year-on-year decrease of 78%.
Jiachuang Real Estate (02421) released its annual results for the year ending March 31, 2024, with revenue of 227 million yuan, a 68% year-on-year decrease; the company's equity holder should have a surplus of 40.069 million yuan, a 78% year-on-year decrease; and the basic earnings per share is 7.9 cents, and it plans to distribute a final dividend of 2.0 Hong Kong cents per share. The significant decrease in surplus during the period was due to external factors such as slowing economic growth and a weak real estate market environment, which led to a decrease in property sales revenue and provisions for inventory impairment losses. As of March 31, 2024, the Group's land reserves were approximately 242,500 square meters.
Jiachuang Real Estate (02421.HK) net profit for the year decreased by 78% to 40.069 million yuan, with a final dividend of 2 Hong Kong cents per share.
On June 18th, Gelunhui announced that as of the fiscal year ending on March 31, 2024, the company's revenue was RMB 227 million, a year-on-year decrease of 68%; The company’s equity holders’ post-profit was RMB 40.069 million, a year-on-year decrease of 78%; the basic earnings per share was RMB 0.79, and it planned to pay a final dividend of 2.0 Hong Kong cents per share. The significant decrease in post-profit was due to: (i) external factors such as slowing economic growth and a weak real estate market environment leading to a decrease in property sales revenue, and (ii) inventory impairment losses provision. As of March 31, 2024, the group held
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