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Financial Street Property Co. Reports Revenue Growth Amid Profit Decline

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Financial Street Property Co. Reports Revenue Growth Amid Profit Decline

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Financial Street Property Co. Limited Class H ( (HK:1502) ) has issued an announcement.

Financial Street Property Co., Limited reported a 15.65% increase in revenue for the year ended December 31, 2024, reaching approximately RMB1,751.56 million. However, the company’s profit decreased by 7.87% to RMB132.24 million. The gross floor area under management expanded by 15.94%, with most new contracts coming from independent third parties. The board proposed a final dividend of RMB0.157 per share, maintaining a payout ratio of 50.52%.

More about Financial Street Property Co. Limited Class H

Financial Street Property Co., Limited is a joint stock company incorporated in the People’s Republic of China, operating in the real estate industry. The company focuses on property management services, with a significant market presence in managing gross floor areas.

YTD Price Performance: 1.90%

Average Trading Volume: 169,242

Technical Sentiment Signal: Buy

Current Market Cap: HK$799.3M

See more data about 1502 stock on TipRanks’ Stock Analysis page.

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