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First Service Holding Limited Reports Revenue Growth and Expands Management Portfolio in 2024

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First Service Holding Limited Reports Revenue Growth and Expands Management Portfolio in 2024

First Service Holding Limited ( (HK:2107) ) just unveiled an update.

First Service Holding Limited reported a revenue increase of 9.6% for the year ended 31 December 2024, driven by growth in property management and value-added services. Despite a decrease in gross profit margin and a reported loss of RMB6.3 million, the company achieved positive operating cash flows and expanded its total gross floor area under management by 17.3%. The board recommended a final dividend payout of HK$43.0 million, maintaining its commitment to shareholder returns.

More about First Service Holding Limited

First Service Holding Limited is a company incorporated in the Cayman Islands, primarily engaged in property management services. The company also offers value-added services and green living solutions, focusing on expanding its managed gross floor area and contracting with third-party sources.

YTD Price Performance: 7.41%

Average Trading Volume: 372,557

Technical Sentiment Signal: Sell

Current Market Cap: HK$354.9M

Learn more about 2107 stock on TipRanks’ Stock Analysis page.

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