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Central China Management Reports 2023 Financial Decline

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Central China Management Reports 2023 Financial Decline

Elevate Your Investing Strategy:

Central China Management Company Limited ( (HK:9982) ) just unveiled an update.

Central China Management Company Limited reported a decrease in revenue and net profit for the year ended December 31, 2023, with revenue at RMB468.4 million and net profit at RMB201.2 million, representing declines of 22.7% and 33.8% respectively compared to 2022. The results indicate financial challenges as no final dividend was proposed, affecting stakeholder expectations and reflecting a shift in the company’s financial strategy amid a competitive market.

More about Central China Management Company Limited

Central China Management Company Limited, incorporated in the Cayman Islands, operates in the real estate management industry. The company is involved in providing management services and has a significant market focus in China.

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$425.2M

For an in-depth examination of 9982 stock, go to TipRanks’ Stock Analysis page.

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