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A-Living Smart City Services Reports Revenue Decline and Net Loss for 2024

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A-Living Smart City Services Reports Revenue Decline and Net Loss for 2024

A-Living Smart City Services Co., Ltd. Class H ( (HK:3319) ) just unveiled an announcement.

A-Living Smart City Services Co., Ltd. announced its annual results for the year ending December 31, 2024, reporting a revenue decline of 10.2% to RMB 13,867.2 million. The company experienced significant decreases in gross profit and net profit, with a notable net loss of RMB 3,126.9 million compared to a profit in the previous year. The decline in revenue was primarily attributed to a decrease in property owners value-added services and extended value-added services. Despite the challenging financial performance, the company proposed a final dividend of RMB 0.03 per share, reflecting its commitment to shareholder returns.

More about A-Living Smart City Services Co., Ltd. Class H

A-Living Smart City Services Co., Ltd. is a company incorporated in the People’s Republic of China, specializing in smart city services. Its primary offerings include property management services, property owners value-added services, city services, and extended value-added services.

YTD Price Performance: -8.75%

Average Trading Volume: 14,970

Technical Sentiment Signal: Strong Buy

Current Market Cap: €461.8M

For an in-depth examination of 3319 stock, go to TipRanks’ Stock Analysis page.

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