Financial Street Property Reports Mixed Mid-Year Results

Financial Street Property Co. Limited Class H (HK:1502) has released an update.

Financial Street Property Co., Limited reported a 14.23% increase in revenue for the first half of 2024, reaching RMB 813.69 million, despite a profit decline of 9.06% to RMB 71.35 million compared to the same period the previous year. The profit attributable to the company’s owners also fell by 10.75%. Meanwhile, the group’s managed gross floor area expanded significantly by 21.69%.

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