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Shenzhen Overseas Chinese Town (Asia) (03366.HK) recorded a revenue of approximately 0.598 billion yuan in the first half of the year, a year-on-year increase of approximately 208.25%.
On August 27th, GeLonghui announced that in the first half of 2024, the group's operating revenue was approximately RMB 0.598 billion, an increase of approximately 208.25% compared to the same period last year. The main reason was a significant increase in income from comprehensive development projects compared to the same period last year. The company's equity holders should bear a loss of approximately RMB 0.221 billion, mainly due to a significant increase in the surplus of the comprehensive development business and a significant reduction in losses from investment and fund business compared to the reporting period. However, due to an increase in liabilities and the continued high level of US dollar interest rates during the reporting period, the increased financial expenses offset some of the profits.
OCT (ASIA): 2024 INTERIM RESULTS ANNOUNCEMENT
Shenzhen OCT (Asia) (03366.HK) will hold a board of directors meeting on August 27 to approve its interim performance.
On August 16th, Glorious Property Holdings Limited (03366.HK) announced that the board of directors will hold a meeting on August 27th, 2024 to approve the announcement of the mid-term performance of the company and its subsidiaries for the six months ending June 30, 2024, as well as to consider the declaration of mid-term dividends (if any).
Overseas Chinese Town to Offload Entire Stake in OCT (Shanghai) Land
Overseas Chinese Town (ASIA) to Sell 50.5% Stake in OCT (Shanghai) Land
Overseas Chinese Town (ASIA) to Sell Stake for CNY2.06B
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