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02156

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C&D PROPERTY's annual net profit increased by 11% to 360 million RMB, with a final dividend and special dividend totalin…

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C&D PROPERTY announced a net profit of RMB 359 million for the year ended December 31 last year, an increase of 11% year-on-year. Earnings per share were 26 cents, with a final dividend of 15 Hong Kong cents per share and a special dividend of 5 Hong Kong cents per share, totaling 20 Hong Kong cents. Revenue was RMB 3.881 billion, up 17.8%; gross profit was RMB 823 million, up 16.5%; and the gross profit margin was approximately 21.2%. The group's property management service contracts cover a construction area of about 120 million square meters, representing a growth of about 7.5%

According to a report from Economic Information Daily on the 26th, C&D PROPERTY (02156) announced a net profit of HKD 359 million (RMB, same below) for the year ended December 31 last year, an increase of 11% year-on-year, with earnings per share of HKD 0.26. The company declared a final dividend of HKD 0.15 per share and a special dividend of HKD 0.05 per share, totaling HKD 0.20.

The group stated that revenue was HKD 3.881 billion, up 17.8%; gross profit was HKD 823 million, up 16.5%; gross profit margin was approximately 21.2%, down 0.3 percentage points; and profit before tax was HKD 498 million, up 18.3%.

As of December 31 last year, the group's property management service contracts had a total construction area of approximately 120 million square meters, an increase of about 7.5%. (wh)

\* For details regarding the performance, please refer to the company's official announcement

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