Business
China Merchants Shekou Industrial Zone: Net profit plunged 74.65% on a 13.53% revenue drop, with a focus on cash flow and debt optimization
China Merchants Shekou Industrial Zone: Net profit plunged 74.65% on a 13.53% revenue drop, with a focus on cash flow and debt optimization
About this update from China Merchants Shekou Industrial Zone Holdings Co., Ltd. Class A
Revenue fell 13.53% to ¥154.73 billion and net profit dropped 74.65% to ¥1.02 billion year-over-year, mainly due to lower project deliveries and investment income. The company maintained strong sales in core cities, optimized its debt structure, and proposed a cash dividend of ¥0.5110 per 10 shares.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.