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Country Garden Services Announces Positive Profit Alert for 2024

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Country Garden Services Announces Positive Profit Alert for 2024

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An update from Country Garden Services Holdings Co ( (HK:6098) ) is now available.

Country Garden Services Holdings Co has announced a positive profit alert for the fiscal year ending December 31, 2024. The company expects an increase in unaudited consolidated revenue by approximately 2.8% to 3.7% compared to the previous year, driven by growth in property management and community value-added services. Despite challenges such as a decrease in revenue from non-property owners and city services, the company anticipates a significant rise in net profit, attributed to effective receivables management and optimization of acquired businesses. This announcement signals a strong financial performance and strategic positioning in the property management industry.

More about Country Garden Services Holdings Co

Country Garden Services Holdings Co is a company incorporated in the Cayman Islands, primarily engaged in property management services, community value-added services, and the ‘Three Supplies and Property Management’ business. The company focuses on providing comprehensive property management solutions and has a market presence in Hong Kong.

YTD Price Performance: 12.03%

Average Trading Volume: 1,362

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.62B

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