SOHO China (HK:0410) 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 straight to you inbox with TipRanks' Smart Value Newsletter
SOHO China experienced a challenging first half in 2024, with revenue dropping to RMB 799 million amidst a tough commercial property leasing market. The company maintained a stable gross profit margin of 82%, but reported a loss attributable to owners of RMB 108 million, with a net gearing ratio at 41%. Despite these setbacks, the average occupancy rate held steady at 76%.
For further insights into HK:0410 stock, check out TipRanks’ Stock Analysis page.