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Xinyuan Property Management Reports Strong Financial Growth in 2024

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Xinyuan Property Management Reports Strong Financial Growth in 2024

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

Xinyuan Property Management Service (Cayman) Ltd. reported a substantial increase in financial performance for the year ended December 31, 2024. The company’s total revenue rose by 15.9% to RMB868.9 million, while profit attributable to owners surged by 209.6% to RMB87.0 million. The growth in revenue and profit reflects a successful expansion in the company’s contracted gross floor area under management, which increased by 16.8% to 64.6 million square meters. The board has recommended a final dividend, indicating confidence in the company’s financial health. This financial performance underscores the company’s strengthened position in the property management sector and suggests positive implications for stakeholders.

More about Xinyuan Property Management Service (Cayman) Ltd.

Xinyuan Property Management Service (Cayman) Ltd. operates in the property management industry, providing a range of property management services. The company focuses on managing residential and commercial properties, with a significant market presence in China.

YTD Price Performance: 4.92%

Average Trading Volume: 143,500

Technical Sentiment Signal: Hold

Current Market Cap: HK$379.5M

See more insights into 1895 stock on TipRanks’ Stock Analysis page.

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