Joy City Property Limited Reports 2024 Operating Figures with Mixed Results

Story Highlights
  • Joy City Property Limited focuses on property investment, development, and hotel operations in China.
  • The company reported mixed occupancy rates and sales figures for 2024, with unaudited results showing potential discrepancies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Joy City Property Limited Reports 2024 Operating Figures with Mixed Results

An update from Joy City Property Limited ( (HK:0207) ) is now available.

Joy City Property Limited has released its unaudited operating figures for the year ended December 31, 2024, showing varied occupancy rates across its property investments, with significant increases in some locations like Shanghai Jingan Joy City and declines in others like Chongqing Joy City. The company’s property development segment reported contracted sales of approximately RMB20,548 million, while its hotel operations showed occupancy rates ranging from 70% to 91%, with varying average revenues per available room. These figures are based on internal records and have not been audited, indicating potential discrepancies with future audited financial statements.

More about Joy City Property Limited

Joy City Property Limited is a company incorporated in Bermuda with limited liability, primarily engaged in property investment, development, and hotel operations. The company focuses on managing and developing properties across various cities in China, including shopping centers and hotels.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €375M

See more data about 0207 stock on TipRanks’ Stock Analysis page.

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