Longfor Group’s Profits Rise with Increased Revenue

Longfor Group Holdings (HK:0960) has released an update.

Longfor Group Holdings Limited reported unaudited interim results for the first half of 2024, revealing a 7.6% year-on-year increase in revenue from investment property operations and services to RMB13.10 billion. The company’s profit attributable to shareholders stood at RMB5.87 billion, with a core net profit margin of 10.1%. Additionally, Longfor declared an interim dividend of RMB0.22 per share.

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