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China Resources Land Posts Lower 2024 Profit; EPS, Revenue Top Estimates
CHINA RES LAND (01109.HK): The core Net income for 2024 is 25.42 billion yuan, with a proposed final dividend of 1.119 yuan per share.
On March 26, Gelonghui reported that CHINA RES LAND (01109.HK) announced that the consolidated revenue for 2024 is 278.8 billion yuan, a year-on-year increase of 11.0%. Among this, the operating revenue from development sales business is 237.15 billion yuan, a year-on-year increase of 11.8%; the operating revenue from property management business is 23.3 billion yuan, a year-on-year increase of 4.8%; the operating revenue from light asset management business is 12.13 billion yuan, a year-on-year increase of 14.0%; the operating revenue from ecosystem element-based business is 6.22 billion yuan, a year-on-year increase of 0.5%. Regular business revenue
CHINA RES LAND (01109) plans to rename the Corporate Social Responsibility Committee to the Sustainability Committee.
CHINA RES LAND (01109) announced that on March 25, 2025, the Board of Directors decided on "corporate social responsibility..."
Express News | China Resources Land - FY Consolidated Revenue for Year 2024 RMB 278.80 Billion
Express News | China Resources Land - Final Dividend of RMB1.119 per Share
ANNOUNCEMENT OF RESULTS FOR THE FINANCIAL YEARENDED 31 DECEMBER 2024
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104556909 : Ok
CoWHideTrader : nice
103677010 : noted
Ahmad Fiqri :
Mr Careful : the real capital flight out of china may be materializing soon after disappointment with stimulus and expectations of a devaluation of yuan strengthening.