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Gemdale Properties Reports Strong Sales for 2024

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Gemdale Properties Reports Strong Sales for 2024

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The latest announcement is out from Gemdale Properties & Investment ( (HK:0535) ).

Gemdale Properties and Investment Corporation Limited announced its unaudited operating statistics for December 2024 and the fiscal year 2024. The company achieved aggregate contracted sales of approximately RMB 2,831 million for December, with a total sales area of 247,500 square meters. For the entire year, sales reached RMB 20,307 million over an area of 1,514,700 square meters. While these figures provide a positive outlook, they are based on preliminary data and may vary in the audited financial statements, prompting investors to interpret with caution.

More about Gemdale Properties & Investment

Gemdale Properties and Investment Corporation Limited is a company incorporated in Bermuda, focusing on real estate development and investment. It operates primarily in the property sector, offering residential and commercial properties, with a market focus in China.

YTD Price Performance: -5.36%

Average Trading Volume: 31,570,217

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$4.4B

See more insights into 0535 stock on TipRanks’ Stock Analysis page.

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