Latest Search
Quote
| Back Zoom + Zoom - | |
|
Greentown Management (09979.HK): Last Year's Revenue and Profit Under Pressure, Further Optimization of Dividend Policy Not Ruled Out
Recommend 2 Positive 3 Negative 0 |
|
|
|
|
During the 2025 annual results presentation held online, the management of Greentown Management (09979.HK) stated that last year's revenue and profit were under pressure due to the cyclical adjustments in the real estate industry and intensified competition in the construction agency industry. It was possibly a year of relatively significant profit pressure for the company. However, with improved operational efficiency and faster collection of construction agency fees, the operating cash flow and net profit attributable to the parent company were basically aligned, solidifying the quality of earnings. Regarding shareholder returns, the management indicated that the dividend payout ratio for this year is expected to be no less than 80% of the net profit attributable to the parent company. If performance and cash flow continue to improve, further optimization of the dividend policy is not ruled out. Measures will continue to be taken to reward shareholders based on operational conditions and capital arrangements. (ta/da) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
URL: www.aastocks.com |
|
