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Xinyuan Property Management Projects Record Revenue and Profit Growth for 2024

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Xinyuan Property Management Projects Record Revenue and Profit Growth for 2024

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Xinyuan Property Management Service (Cayman) Ltd. ( (HK:1895) ) has shared an update.

Xinyuan Property Management Service (Cayman) Ltd. announced a positive profit alert, expecting a historical high in consolidated revenue for the year ending December 31, 2024, ranging from RMB850 million to RMB870 million, compared to RMB750 million in 2023. The company’s net profit attributable to equity holders is anticipated to increase by over 150% year-on-year, driven by an expansion in property management areas, new business developments, and growth in existing operations.

More about Xinyuan Property Management Service (Cayman) Ltd.

Xinyuan Property Management Service (Cayman) Ltd. operates in the property management industry, focusing on providing property management services and community value-added services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 125,258

Technical Sentiment Signal: Buy

Current Market Cap: HK$361.8M

See more data about 1895 stock on TipRanks’ Stock Analysis page.

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