According to the Zhitong Finance App, China Management Industry (00380) announced the results for the year ended December 31, 2023. The group obtained revenue of HK$714 million, an increase of 12% over the previous year; the company's equity holders should account for annual profit of HK$58.39 million, an increase of 19% over the previous year; and basic profit per share was HK4.38 cents.

Thanks to the Hong Kong Government's efforts to address the long-term housing shortage, the Group was able to seize the opportunities brought by the government's investment in infrastructure and housing projects, and sales benefited accordingly. As a result, the company achieved excellent results. Furthermore, as interest rates on savings rose during the year, the company's bank interest income also increased. This contributed to the company's overall financial results and was the icing on the cake for the company's success.