tiprankstipranks

Binjiang Service Group Reports Strong 2024 Financial Performance and Dividend Increase

Story Highlights

The latest announcement is out from Binjiang Service Group Co. Ltd. ( (HK:3316) ).

Binjiang Service Group Co. Ltd. reported a significant increase in revenue and profit for the year ended December 31, 2024, with revenue rising by 28% and profit attributable to equity shareholders increasing by 11%. The company also announced a final dividend, reflecting a strong financial performance and commitment to shareholder returns. The expansion in GFA under management and contracted GFA indicates the company’s growth and strengthening market position.

More about Binjiang Service Group Co. Ltd.

Binjiang Service Group Co. Ltd. operates in the property management industry, offering a range of services including property management, value-added services to non-property owners, and 5S value-added services. The company focuses on enhancing its market presence and expanding its managed Gross Floor Area (GFA).

YTD Price Performance: 26.30%

Average Trading Volume: 204,302

Technical Sentiment Signal: Sell

Current Market Cap: HK$7.03B

See more insights into 3316 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App