Midea Real Estate Holding Limited (HK:3990) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- 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.
Midea Real Estate Holding Limited reported a revenue of RMB25.13 billion and a gross profit of RMB2.32 billion for the first half of 2024, with core net profit reaching RMB642.47 million. Compared to the end of the previous year, the company’s interest-bearing liabilities decreased by 2.5%, while contracted sales hit around RMB20.21 billion. However, the board has decided against declaring an interim dividend for this period.
For further insights into HK:3990 stock, check out TipRanks’ Stock Analysis page.