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Beijing Capital Jiaye Issues 2024 Profit Warning Amid Increased Investments

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Beijing Capital Jiaye Issues 2024 Profit Warning Amid Increased Investments

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The latest announcement is out from Beijing Capital Jiaye Property Services Co., Ltd. Class H ( (HK:2210) ).

Beijing Capital Jiaye Property Services Co., Ltd. has issued a profit warning for the year 2024, expecting a decrease in profit by 25% to 30% compared to 2023. This decline is attributed to increased investments in market share expansion and impairment provisions for uncollected accounts receivable, impacting the company’s financial performance.

More about Beijing Capital Jiaye Property Services Co., Ltd. Class H

Beijing Capital Jiaye Property Services Co., Ltd. is a joint stock company incorporated in China, focusing on property management services. The company operates in the real estate industry, providing quality maintenance and management of property projects.

YTD Price Performance: 10.62%

Average Trading Volume: 47,388

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$550M

For detailed information about 2210 stock, go to TipRanks’ Stock Analysis page.

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