On August 28, chen xing Limited Company released the interim performance announcement for the six months ended June 30, 2024.
According to the Wise Finance APP, chen xing (02286) surged at the opening, up more than 1400%. The trading volume exceeded 2.8 million Hong Kong dollars.
On August 28, chen xing Limited Company released the interim performance announcement for the six months ended June 30, 2024. The announcement shows that during the reporting period, chen xing has signed sales contracts worth approximately RMB 0.113 billion, with a corresponding contracted construction area of approximately 17,253 square meters, representing a decrease of about 69.8% and 61.3% respectively compared to the same period last year.
During the reporting period, chen xing generated revenue of approximately RMB 1.07 billion, with revenue from property development amounting to approximately RMB 1.069 billion; gross profit of approximately 0.257 billion, with gross profit from property development at about 0.256 billion; net income of approximately 92.5 million, with shareholders holding equity in the company having a share of net income of approximately RMB 26.3 million.