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CIFI's 2024 annual report shows positive changes: liabilities have decreased for three consecutive years, and losses have narrowed for two consecutive years.
On March 31, CIFI HOLD GP (00884.HK) released its performance announcement for the year 2024.
CIFI HOLD GP (00884) announced its annual performance with a gross profit of 7.362 billion yuan, and the net cash obtained from operating activities has achieved a positive number for three consecutive years.
CIFI HOLD GP (00884) released its annual performance for the year ending December 31, 2024, with revenue of 47...
Express News | CIFI - Creditors of 88.54% of in-Scope Debts Executed or Acceded to Restructuring Support Agreement
Express News | CIFI Holdings - FY Loss Attributable RMB7.08 Bln
ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024
In the first two months, the sales area of new houses decreased by 5.1% year-on-year. Mainland Real Estate stocks faced setbacks at the beginning of trading, with RADIANCE HLDGS (09993) falling by 4.03%.
Jinwu Finance | Mainland Real Estate stocks faced setbacks in early trading. As of the time of writing, RADIANCE HLDGS (09993) dropped 4.03%, COUNTRY GARDEN (02007) fell 1.92%, CIFI HOLD GP (00884) decreased 1.82%, AGILE GROUP (03383) declined 1.64%, CHINA RES LAND (01109) lost 1.49%, and CHINA OVERSEAS (00688) went down 1.22%. In terms of news, on March 17, the National Bureau of Statistics announced that from January to February, nationwide investment in Real Estate Development totaled 1072 billion yuan, a year-on-year decrease of 9.8%, with the decline narrowing by 0.8 percentage points compared to the previous year's total.
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