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CITIC SEC: Quality and price matching may become a direction encouraged by policy. The property Sector has significant upward elasticity in the future.
The bank suggests that investors pay attention to the policy turning point in the Property Service Sector.
Sundy Service Group Reports 2024 Financial Results With Mixed Performance
Songdu Service (09608.HK) reported revenue of 0.248 billion yuan for the 2024 fiscal year, a decrease of 5.6% year-on-year.
On March 31, Gelonghui reported that Songdu Services (09608.HK) announced an income of 247.6 million yuan for the fiscal year 2024, a decrease of 5.6% compared to the income of 262.4 million yuan in the fiscal year 2023. The gross margin for the fiscal year 2024 is 23.2%, an increase of 6.1 percentage points compared to the gross margin of 17.1% in the fiscal year 2023. The profit for the fiscal year 2024 is 7.8 million yuan, a decrease of 35.0% compared to the profit of 12 million yuan in the fiscal year 2023, mainly due to an increase in impairment losses of trade receivables. As of December 31, 2024,
SUNDY SERVICE: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
Hong Kong Property: In March, the number of Residence registrations in Hong Kong is expected to reach 5,000 cases, setting a new four-month high.
As of the 24th of this month, Hong Kong's Residence properties (including first-hand private housing, second-hand private housing, and second-hand public housing) have recorded 3,974 registrations.
Risks Still Elevated At These Prices As Sundy Service Group Co. Ltd (HKG:9608) Shares Dive 52%
What Sundy Service Group Co. Ltd's (HKG:9608) 36% Share Price Gain Is Not Telling You