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An announcement from Greentown Management Holdings Co., Ltd. ( (HK:9979) ) is now available.
Greentown Management Holdings Co., Ltd. has issued a profit warning, expecting a 40% to 50% decrease in net profit for the first half of 2025 compared to the previous year. This decline is attributed to intensified competition, a downturn in the real estate market, and decreased project revenue. Despite these challenges, the company has seen growth in newly contracted projects, with a 13.9% increase in total gross floor area and a 19.1% rise in project management fees, indicating robust market expansion and a foundation for sustainable development.
The most recent analyst rating on (HK:9979) stock is a Buy with a HK$4.50 price target. To see the full list of analyst forecasts on Greentown Management Holdings Co., Ltd. stock, see the HK:9979 Stock Forecast page.
More about Greentown Management Holdings Co., Ltd.
Greentown Management Holdings Co., Ltd. operates in the project management industry, focusing on real estate project management services. The company is known for its strong market expansion capabilities and customer trust, which have helped it maintain a leadership position despite market challenges.
Average Trading Volume: 5,646,452
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.74B
For a thorough assessment of 9979 stock, go to TipRanks’ Stock Analysis page.