Powerlong Commercial Management Holdings Limited (HK:9909) has released an update.
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Powerlong Commercial Management Holdings Limited reported a 4.6% revenue increase to RMB1.33 billion for the first half of 2024, with a modest 2.5% gross profit rise to RMB449.4 million. However, the company experienced a 24.3% decline in profit attributable to shareholders, down to RMB194.5 million, amid operational expansions that saw its commercial services’ gross floor area reach 14.9 million square meters.
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