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An announcement from Yuzhou Group Holdings Co., Ltd. ( (HK:1628) ) is now available.
Yuzhou Group Holdings Co., Ltd. reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s contracted sales fell by 55.42% to RMB7,953.11 million, and revenue decreased by 54.76% to RMB9,716.26 million compared to the previous year. The loss attributable to owners of the parent increased to RMB11,966.84 million from RMB10,520.57 million in 2023. These results reflect ongoing challenges in the real estate market and may impact the company’s operational strategies and stakeholder confidence.
More about Yuzhou Group Holdings Co., Ltd.
Yuzhou Group Holdings Co., Ltd. operates in the real estate industry, focusing on property development and investment. The company is known for its residential and commercial property projects primarily in China, catering to a diverse market segment within the region.
YTD Price Performance: -12.16%
Average Trading Volume: 1,167,197
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$424.8M
Learn more about 1628 stock on TipRanks’ Stock Analysis page.
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