Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest announcement is out from E-House (China) Enterprise Holdings Limited ( (HK:2048) ).
E-House (China) Enterprise Holdings Limited reported a total revenue of RMB3,797.9 million for 2024, with a gross transaction value of RMB15.9 billion in real estate agency services and RMB20.3 billion in brokerage network services. Despite a challenging real estate market in China, the company reduced its net loss by 6.1% year-on-year and continued to focus on cost control and cash flow management. The company is actively working on restructuring its offshore debt and expects the real estate market to remain challenging in 2025, but believes it is well-positioned for recovery with effective cost management and successful debt restructuring.
More about E-House (China) Enterprise Holdings Limited
E-House (China) Enterprise Holdings Limited operates in the real estate industry, providing real estate agency services and brokerage network services. The company focuses on the Chinese market, where it navigates the challenges and opportunities presented by the country’s real estate policies and economic conditions.
YTD Price Performance: 30.0%
Technical Sentiment Signal: Buy
Current Market Cap: €41.15M
Find detailed analytics on 2048 stock on TipRanks’ Stock Analysis page.