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Landsea Green Life Reports Decline in 2024 Financial Performance

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Landsea Green Life Reports Decline in 2024 Financial Performance

Landsea Green Life Service Company Limited ( (HK:1965) ) has provided an announcement.

Landsea Green Life Service Company Limited reported a significant decline in financial performance for the year ended December 31, 2024. The company’s revenue decreased by approximately 15.3% to RMB789 million, with a notable drop in gross profit by 53.1% to RMB68 million. The loss for the year increased by 136.3% to RMB319 million. The company’s contracted gross floor area also saw a reduction, reflecting challenges in its operations and market positioning.

More about Landsea Green Life Service Company Limited

Landsea Green Life Service Company Limited is a company incorporated in the Cayman Islands, primarily engaged in property management services. The company focuses on providing property management, value-added services to non-property owners, community value-added services, and apartment operation and management services.

YTD Price Performance: -16.32%

Average Trading Volume: 473,833

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$65.31M

See more data about 1965 stock on TipRanks’ Stock Analysis page.

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