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Xian Kingfar Property Services Co., Ltd. ( (HK:1354) ) just unveiled an announcement.
Xi’an Kingfar Property Services Co., Ltd. reported a strong financial performance for the year ended 31 December 2024, with a 10.4% increase in revenue to RMB951.5 million and a 19.8% rise in profit to RMB61.1 million compared to the previous year. The company also achieved a higher gross profit margin of 15.1%, up from 13.7% in 2023, and expanded its contracted gross floor area by 20.7%. Despite these positive results, the Board decided not to recommend a final dividend for the year.
More about Xian Kingfar Property Services Co., Ltd.
Xi’an Kingfar Property Services Co., Ltd. operates in the property services industry, providing a range of property management services in China. The company focuses on managing a substantial portfolio of properties, with a significant contracted gross floor area.
YTD Price Performance: -12.16%
Average Trading Volume: 33,947
Technical Sentiment Signal: Strong Sell
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