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China Vanke Co ( (HK:2202) ) just unveiled an announcement.
China Vanke Co., Ltd. has released its unaudited quarterly report for the first quarter of 2025, showing a significant decline in revenue and net profit compared to the same period in 2024. The company’s revenue decreased by 38.31% to RMB 37,994,650,000, and it reported a net loss of RMB 6,246,209,000, a sharp decline from the previous year’s figures. This financial downturn reflects challenges in the real estate market and may impact the company’s operations and stakeholder confidence.
More about China Vanke Co
China Vanke Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the real estate industry. The company, along with its subsidiaries, focuses on property development and management, primarily catering to the Chinese market.
YTD Price Performance: 2.75%
Average Trading Volume: 900
Technical Sentiment Signal: Strong Buy
Current Market Cap: $10.65B
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