Lushang Life Services Co., Ltd. Class H ( (HK:2376) ) has provided an announcement.
Lushang Life Services Co., Ltd. reported a slight decrease in revenue for the year ended December 31, 2024, with a total of RMB608.9 million, down 1.9% from the previous year. Despite this, the company saw a 12.1% increase in profit to RMB45.1 million, and an improved net profit margin of 7.4%. The acquisition of Daantong has shifted the company’s focus from real estate to new business areas, such as elevator maintenance and installation, enhancing its service offerings and potentially impacting its market positioning positively. The company also announced a proposed final dividend of RMB0.1080 per share.
More about Lushang Life Services Co., Ltd. Class H
Lushang Life Services Co., Ltd. is a joint stock company incorporated in China, operating in the property management industry. The company focuses on managing a significant amount of gross floor area, providing services such as elevator maintenance and installation following its acquisition of Daantong.
YTD Price Performance: 21.05%
Average Trading Volume: 25,151
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$184M
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