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Desun Real Estate Reports Revenue Growth Amid Profit Decline for 2024

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Desun Real Estate Reports Revenue Growth Amid Profit Decline for 2024

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The latest update is out from Desun Real Estate Investment Services Group Co., Ltd. ( (HK:2270) ).

Desun Real Estate Investment Services Group Co., Ltd. reported a significant increase in total revenue for the year ended 31 December 2024, achieving a 33.4% rise to RMB453.5 million. Despite this revenue growth, the company’s profit after income tax decreased by 5.2% to RMB37.9 million, reflecting challenges in maintaining profitability. The earnings per share showed a slight increase, indicating stable returns for equity holders. The announcement, prepared in compliance with IFRS standards, highlights the company’s commitment to transparency and regulatory adherence.

More about Desun Real Estate Investment Services Group Co., Ltd.

Desun Real Estate Investment Services Group Co., Ltd. is a company incorporated in the Cayman Islands, operating in the real estate investment services industry. The company focuses on providing real estate investment services and is listed on the Hong Kong Stock Exchange under the stock code 2270.

YTD Price Performance: 16.07%

Average Trading Volume: 9,809

Technical Sentiment Signal: Sell

Current Market Cap: HK$806.3M

For an in-depth examination of 2270 stock, go to TipRanks’ Stock Analysis page.

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