Summary by Moomoo AI
Longhu Group announced on 12 January 2024 its unaudited operating data for December 2023 and for the full year. In 2023, the Group's total contract sales amounted to RMB1,734 million, with a sales area of 1,079.6 million square meters. One-month data showed that contract sales in December amounted to RMB113.1 billion and an area of 96.6 million square meters. In addition, in December, the Group added two land reserves with a total construction area of 19.60 million square meters, an equity building area of 18.40 million square meters, and an equity land value of RMB28.6 billion. By the end of 2023, the Group's operating income was approximately RMB248.7 billion, of which operating income was approximately RMB129.4 billion and service revenue was approximately RMB119.3 billion. The company emphasizes that the above data is unaudited and is for investor reference only and advises investors to exercise caution when trading securities.