Powerlong Real Estate Holdings Ltd. (HK:1238) has released an update.
Powerlong Real Estate Holdings Ltd reports an increase in revenue by 27.3% to RMB 15,651 million and a rise of 7.2% in rental and related income to RMB 2,175 million for the first half of 2024, although core losses hit RMB 1,937 million, marking a downturn from the previous year. The company’s total assets stand at RMB 206.4 billion, reflecting its financial position as of 30 June 2024.
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