China Overseas Property Holdings (HK:2669) has released an update.
China Overseas Property Holdings Limited reported a robust financial performance for the first half of 2024, with a 9.0% revenue increase to RMB 6,838.4 million and a 16.0% jump in profit attributable to shareholders, reaching RMB 737.5 million. The gross floor area under the group’s management expanded by 5.3%, and an interim dividend of HK8.5 cents per share was declared, up by 54.5% from the previous year. Despite global economic challenges, including geopolitical tensions and protectionist policies affecting free trade, the company has adapted to the changing real estate market.
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