Shui On Land (HK:0272) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Despite a challenging first half of 2024, with China’s economy and property sector under pressure, Shui On Land managed to record a profit of RMB 183 million, a significant decline from the previous year. The company’s commercial property portfolio proved resilient, with a 16% increase in rental income and a commitment to prudent capital management. Additionally, the company received recognition for its sustainability efforts, including a Climate Leadership Award.
For further insights into HK:0272 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue