China Merchants Land Swings to Loss in 2024; Shares Slide 3%
China Merchants Land: Decrease in Home Sales Weighed on Results >0978.HK
China Merchants Land 2024 Rev CNY20.66B Vs. CNY28.80B >0978.HK
Express News | China Merchants Land FY Net Income RMB -1,850.8 Million
Express News | China Merchants Land FY Gross Margin 4.77%
CHI MER LAND: ANNOUNCEMENT OF FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
CHI MER LAND (00978.HK) expects that in 2024, the profit attributable to the company owners will be approximately 7.5 billion yuan.
On February 28, Glonghui announced that CHI MER LAND (00978.HK) indicated that based on the Board of Directors' preliminary assessment of the group's unaudited consolidated management accounts for the year ending December 31, 2024 (not yet reviewed by the company's auditor), the estimated maximum loss attributable to the owners of the company is approximately 1.9 billion RMB, while in the same period of 2023, the profit attributable to the owners of the company was about 133.4 million RMB. Therefore, as of December 31, 2024, the estimated retained profit attributable to the owners of the company is approximately 7.5 billion RMB. The negative profit attributable to the owners of the company is due to the downturn in the Real Estate market for the following reasons.
Express News | China Merchants Land Sees Upper Limit of Loss Attributable RMB1.9 Bln for Year
CHI MER LAND: INSIDE INFORMATION - UPDATE ON FY2024 FINANCIAL PERFORMANCE
CHI MER LAND (00978.HK) held a Board of Directors meeting on March 12 to consider and approve the publication of the annual performance.
On February 28, Glonghui announced that CHI MER LAND (00978.HK) will hold a Board of Directors meeting on March 12, 2025, to consider and approve the publication of the annual performance announcement of the company and its subsidiaries for the year ending December 31, 2024, and to propose the distribution of a final dividend (if any), as well as to address any Other matters.
China Merchants Land Shareholders to Vote Feb. 28 on Property Management Service Contract Renewal
Announcement selection | New China Life Insurance expects a year-on-year profit increase of over 175% in 2024; LINGBAO GOLD is expected to see net income increase year-on-year by about 110% to 140%.
New China Life Insurance expects a year-on-year profit increase of over 175% in 2024; CHI MER LAND's annual sales exceed 42 billion yuan.
China Merchants Land Records 21% Higher Contracted Sales for Q4 2024
Chi Mer Land (00978) achieved a total contract sales of approximately 28.026 billion yuan in the first 9 months, an increase of about 5.15% year-on-year.
Chi Mer Land (00978) announced that in the first 9 months before 2024, the group, together with its associated companies and joint ventures...
Express News | China Merchants Land - 9M Aggregate Contracted Sales RMB28,026 Mln
China Merchants Land Limited (HKG:978) Institutional Owners May Be Pleased With Recent Gains After 8.2% Loss Over the Past Year
CHI MER LAND: 2024 Interim Report
Express News | Corrected-China Merchants Land H1 Revenue RMB 5,240 Million (Corrects Amount)
Express News | China Merchants Land - No Interim Dividend Was Paid, Declared or Proposed
Express News | China Merchants Land H1 Gross Margin 4%