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Yuexiu Services Group: Revenue up 20%, core net profit rises, but reported profit drops on goodwill impairment

Yuexiu Services Group: Revenue up 20%, core net profit rises, but reported profit drops on goodwill impairment

Yuexiu Services Group Ltd.March 20, 20254
Yuexiu Services Group: Revenue up 20%, core net profit rises, but reported profit drops on goodwill impairment

About this update from Yuexiu Services Group Ltd.

Revenue grew 20% to RMB3,868 million, with core net profit up 5.1% to RMB512 million, but reported profit fell 27.5% due to a RMB236.9 million goodwill impairment. Gross margin declined to 23.3%, and the company proposed a final dividend of HKD0.083 per share.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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