ZHONG AO HOME announced its 2024 performance, with a profit attributable to the owners of the parent company of HKD 88.896 million, a year-on-year increase of 11.05%
ZHONG AO HOME announced its 2024 performance, with revenue of approximately RMB 1.779 billion, a year-on-year increase of 4.1%. Gross profit was approximately RMB 367 million, an increase of 4.6%. Profit attributable to equity holders of the parent company was RMB 88.896 million, a year-on-year increase of 11.05%. Earnings per share were RMB 0.104, with a final dividend of HKD 0.025 per share. The increase in revenue was mainly due to the growth of property management and cleaning and greening businesses
According to the Zhitong Finance APP, ZHONG AO HOME (01538) announced its 2024 performance, with revenue of approximately RMB 1.779 billion, an increase of about 4.1% compared to 2023. Gross profit was approximately RMB 367 million, an increase of about 4.6% compared to 2023. The profit attributable to equity holders of the parent company was RMB 88.896 million, a year-on-year increase of 11.05%. Earnings per share were RMB 0.104, with a final dividend of HKD 0.025 per share.
The announcement stated that the increase in revenue was mainly due to a year-on-year growth of approximately 3.6% in property management business revenue, reaching RMB 1.3314 billion. In addition, the group's cleaning and greening business revenue increased by approximately 8.6%, while other business revenue increased by approximately 0.6%. The growth in revenue from property management services was mainly due to an increase in the weighted average price of property management services in 2024
