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An announcement from Minmetals Land Limited ( (HK:0230) ) is now available.
Minmetals Land Limited reported a significant decline in its contracted sales for the year ending December 31, 2024, with revenues dropping by 37.9% to approximately RMB7.02 billion and a 24.1% decrease in contracted gross floor area sold to 421,000 square meters. This downturn reflects challenges in the real estate market, impacting the company’s financial performance and potentially influencing stakeholder confidence.
More about Minmetals Land Limited
Minmetals Land Limited is a company incorporated in Bermuda, operating primarily in the real estate industry. The company’s main focus is on property development, sales, and management, with operations extending through its subsidiaries, joint ventures, and associates.
YTD Price Performance: -13.51%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €129.5M
Learn more about 0230 stock on TipRanks’ Stock Analysis page.
