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China Resources Land Announces Strong Interim Growth
Company Announcements

China Resources Land Announces Strong Interim Growth

China Resources Land (HK:1109) has released an update.

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China Resources Land reported a robust increase in their 2024 interim results, with a consolidated revenue jump of 8.4% year-over-year to RMB 79.13 billion, and a notable 17.6% growth in their asset-light management business. The company’s profit attributable to owners reached RMB 10.25 billion, with earnings per share at RMB 1.44. They also declared an interim dividend increase of 1.0% year-over-year, signaling a confident outlook for their financial performance.

For further insights into HK:1109 stock, check out TipRanks’ Stock Analysis page.

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