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Greentown Management Reports 3.4% GFA Increase in 2024 Amid Fee Decline
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Greentown Management Reports 3.4% GFA Increase in 2024 Amid Fee Decline

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Invest with Confidence:

Greentown Management Holdings Co., Ltd. ( (HK:9979) ) has shared an update.

Greentown Management Holdings Co., Ltd. announced an update on its business development, revealing a total Gross Floor Area (GFA) of 36.49 million square meters in newly contracted projects for the year ending December 2024, marking a 3.4% increase from the previous year. However, the estimated project management fee saw a decrease of 10.1%, amounting to RMB9.32 billion. These figures are preliminary and unaudited, advising investors to exercise caution when considering the company’s securities.

More about Greentown Management Holdings Co., Ltd.

Greentown Management Holdings Co., Ltd. is a company incorporated in the Cayman Islands, engaged in project management services with a primary focus on real estate projects. It operates through various subsidiaries, associated companies, and joint ventures, and is listed on the Hong Kong Stock Exchange under the stock code 09979.

YTD Price Performance: -5.76%

Average Trading Volume: 7,020,584

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$6.22B

For a thorough assessment of 9979 stock, go to TipRanks’ Stock Analysis page.

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