Longfor Group Holdings Ltd.HKEX: 960

Longfor Group Holdings: Revenue fell but core profit remained resilient as Longfor focused on high-quality growth and debt reduction

· Issued by Longfor Group Holdings Ltd.

Longfor Group reported RMB127.47 billion in revenue and RMB6.97 billion in core net profit for 2024, with strong growth in investment property and property service segments, and continued debt reduction. The Group maintains a cautious outlook amid industry headwinds.

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