C&D International Investment Group Ltd. ( (HK:1908) ) has shared an update.
C&D International Investment Group Ltd. reported its annual results for the year ended December 31, 2024, showing a decrease in cumulative contracted sales and gross floor area attributable to shareholders by approximately 25.1% and 24.3%, respectively, compared to the previous year. Despite this, the company achieved a 6.4% increase in total revenue, reaching approximately RMB142.99 billion, primarily driven by its property development business. However, profit attributable to equity holders decreased by 4.6% to approximately RMB4.80 billion. The board recommended a final dividend of HK$1.2 per share, with an option for shareholders to receive new shares instead of cash.
More about C&D International Investment Group Ltd.
C&D International Investment Group Ltd. is a company incorporated in the Cayman Islands, primarily engaged in property development. The company operates through its group, joint ventures, and associates, focusing on real estate projects and related services.
YTD Price Performance: 20.67%
Average Trading Volume: 2,617,155
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$31.79B
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