HANG DAI PROPERTY GROUP LIMITED (THE “COMPANY”) ANNOUNCES ITS ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023. The report showed that the company's operating income was about RMB12,486.5 million, a year-on-year increase of about 5.7%; gross profit was about RMB3,108.4 million, an increase of about 14.3% year-on-year; and net profit was about RMB1,563.8 million, a year-on-year increase of about 5.8%. Basic earnings per share were approximately RMB0.14. The newly signed third-party contract area is approximately 2,309 million square meters. The Board does not recommend the payment of any final dividend. The total contract area of the Group is approximately 800 million square meters, with a pipe area of about 532 million square meters. The Company's ultimate holding company is Hengda Group of...Show More

HANG DAI PROPERTY GROUP LIMITED (THE “COMPANY”) ANNOUNCES ITS ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023. The report showed that the company's operating income was about RMB12,486.5 million, a year-on-year increase of about 5.7%; gross profit was about RMB3,108.4 million, an increase of about 14.3% year-on-year; and net profit was about RMB1,563.8 million, a year-on-year increase of about 5.8%. Basic earnings per share were approximately RMB0.14. The newly signed third-party contract area is approximately 2,309 million square meters. The Board does not recommend the payment of any final dividend. The total contract area of the Group is approximately 800 million square meters, with a pipe area of about 532 million square meters. The Company's ultimate holding company is Hengda Group of China. The company and its subsidiaries are primarily engaged in property management services, community living services, asset management services and community operations services. During the reporting period, the Group faced ongoing operating uncertainty, but has taken a number of measures to address ongoing business uncertainty, including strict management and remuneration, streamlining the Group's operating costs, etc. The Board of Directors does not propose the payment of any final dividend for the year ended 31 December 2023.