Shoucheng Holdings Limited announced the unaudited third-quarter performance for the nine months ended September 30, 2024. During this period, the group's revenue reached approximately 0.935 billion Hong Kong dollars, an increase of 42% year-on-year; gross profit was approximately 0.429 billion Hong Kong dollars, an increase of 49% year-on-year. However, the owner's profit attributable to shareholders was 0.4 billion Hong Kong dollars, a slight decrease from 0.465 billion Hong Kong dollars in the same period last year. Basic earnings per share and diluted earnings per share were 5.61 Hong Kong cents, lower than the same period last year. Total assets increased from 1.352 billion Hong Kong dollars at the end of 2023 to 1.449 billion Hong Kong dollars, with asset-liability ratio and debt-to-capital...Show More

Shoucheng Holdings Limited announced the unaudited third-quarter performance for the nine months ended September 30, 2024. During this period, the group's revenue reached approximately 0.935 billion Hong Kong dollars, an increase of 42% year-on-year; gross profit was approximately 0.429 billion Hong Kong dollars, an increase of 49% year-on-year. However, the owner's profit attributable to shareholders was 0.4 billion Hong Kong dollars, a slight decrease from 0.465 billion Hong Kong dollars in the same period last year. Basic earnings per share and diluted earnings per share were 5.61 Hong Kong cents, lower than the same period last year. Total assets increased from 1.352 billion Hong Kong dollars at the end of 2023 to 1.449 billion Hong Kong dollars, with asset-liability ratio and debt-to-capital ratio rising to 30.2% and 11.7% respectively. The company completed the operation handover of several parking lot projects, including Tianjin Binhai International Airport, during the reporting period and successfully hosted the Service Trade Fair 2024 and the WTT China Grand Slam 2024 events. In addition, the company received an AAA market rating with a stable outlook and progressed with asset securitization work, including the planned issuance of parking asset-type REITs products. The board of directors reminds shareholders and potential investors that unaudited financial data should not be used to predict full-year performance.