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Midea Real Estate Holding Limited ( (HK:3990) ) has issued an update.
Midea Real Estate Holding Limited reported a significant increase in operating revenue from continuing operations for the year ending December 31, 2024, with a 33.3% year-on-year growth. Despite the increase in revenue and gross profit, the company faced a core net loss from both continuing and discontinued operations, amounting to RMB2,284.27 million. The Board recommended a final dividend of HK$0.27 per share based on the core net profit from continuing operations, indicating a strategic focus on rewarding shareholders amidst challenging financial results.
More about Midea Real Estate Holding Limited
Midea Real Estate Holding Limited operates in the real estate industry, focusing on property management services, asset operations including commercial properties and industrial parks, real estate technology, and project management services.
YTD Price Performance: -1.58%
Average Trading Volume: 4,601
Technical Sentiment Signal: Sell
Current Market Cap: €562.6M
For detailed information about 3990 stock, go to TipRanks’ Stock Analysis page.