Glonghui, March 27, 丨 Country Garden Services (06098.HK) announced its annual results. For the year ended December 31, 2023, total revenue increased by about 3.0% to approximately RMB 42,6115 billion, of which revenue from third parties increased by about 6.0% to approximately RMB 41,283 billion; overall gross margin was approximately RMB 8.731.9 billion, a decrease of about 14.9%; overall gross margin decreased by 4.3 percentage points to about 20.5%. The decline in overall gross margin was mainly due to a decline in the gross margin of various businesses; profit attributable to the company's shares was about RMB 42,6115 billion. Of $292.3 million, a year-on-year decrease of approximately 85.0%, it is proposed to distribute a final dividend of RMB2.19 cents per share and a special dividend of RMB27.27 per share.
As of December 31, 2023, in addition to the “three supplies and one industry” business, the company's contract management area was about 1,633.0 million square meters, and the fee management area was about 956.9 million square meters. In addition, the contract management area and fee management area for property services in the “three for one industry” business is 93.4 million square meters and 88.6 million square meters. We manage a total of 7,345 properties, covering 31 provinces, municipalities directly under the Central Government, autonomous regions, Hong Kong Special Administrative Region and overseas, focusing on the five major economically developed urban agglomerations, including the Pearl River Delta, Yangtze River Delta, the middle reaches of the Yangtze River, Beijing-Tianjin-Hebei, and Cheng-Chongqing. The fee management area for Tier 1 and 2 city projects has reached 42.0%.