Gelonghui, March 22 | Greentown China (03900.HK) announced that for the year ended December 31, 2023, it achieved revenue of approximately RMB 131.383 billion, up 3.3% from last year; net profit attributable to shareholders was approximately RMB 3.118 billion, up 13.1% from last year; core net profit attributable to shareholders was approximately RMB 6.417 billion; basic profit per share was RMB 1.22 yuan, up 18.4% from last year; the board of directors recommended declaring a final dividend of RMB 0.43 per share for the year ended December 31, 2023 yuan.
It obtained a total contract sales of about RMB 301.1 billion, with a repayment rate of over 100%; 38 new projects were added, with a total construction area of about 5.57 million square meters. The estimated saleable value reached RMB 142.5 billion, accounting for 84% of the value of Tier 1 and 2 goods, and the equity ratio increased to 74%.
In 2023, Greentown China was widely recognized by the industry and abroad. It was ranked as the “Top 10 Comprehensive Strength of China's Top 100 Real Estate Companies” for 20 consecutive years, “Forbes Top 2000 Global Enterprises” for many years, won the “Top 10 H Shares of Listed Real Estate Companies”, “Top 5 Delivery Capabilities of Real Estate Development Companies,” etc., and was upgraded to “A” level by MSCIESG.
Looking back at 2023, the company's revenue and profit grew steadily, with abundant capital and steady debt, and dividend yield further improved; the investment quantity and quality were excellent, the investment amount was fifth in the country, and the development chassis continued to be consolidated; contract sales rose to third highest level in the country, equity sales reached a new high, and the industry position was steadily rising; financing channels were smooth and diversified, capital costs declined, and the capital market was highly recognized; the “one year and two maturity” development pace became more mature; the “one year and two maturity” development pace continued to be more mature; product service continued to lead, ranking first in customer satisfaction ratings. Maintain the number one position in the industry.