Jinwu Financial News | Country Garden Services (06098) announced that for the year ended December 31, 2023, the profit attributable to the company's shareholders was 292 million yuan (RMB, same below), down 85.0% year on year; basic profit per share was 8.69 points, down 84.9% year on year; the board of directors recommended declaring a final dividend of 2.19 points per share (2022:14.40 points per share) and a special dividend of 27.27 points per share (2022:22.81 points per share).
During the period, the company achieved revenue of 42,612 billion yuan, a year-on-year increase of 3%; gross profit of 8.732 billion yuan, a year-on-year decrease of 14.9%.
During the year, revenue from property management services was about 24.699 billion yuan, an increase of about 8.1% year-on-year over the same period last year, and further increased to about 58.0% of total revenue.
During the year, the Group's revenue from community value-added services was approximately RMB 3,753 billion, accounting for about 8.8% of the Group's total revenue. During the year, revenue from value-added services for non-owners was about 1,553 billion yuan, which further declined to about 3.6% of the Group's total revenue.
As of December 31, 2023, the property service contract management area and fee management area of the “three for one industry” business were approximately 93.4 million square meters and 88.6 million square meters, respectively. During the year, revenue from the property management business increased 21.2% year-on-year to about 4.992 billion yuan compared to the same period last year; revenue from the heating business increased by about 6.5% year-on-year to about 1,528 billion yuan compared to the same period last year.
During the year, urban services achieved revenue of about 4.884 billion yuan.
During the year, the Group's commercial operation service division achieved total revenue of approximately RMB 1,012 billion.