Hong Kong Dragon China Properties (06968) announced results for the year ended December 31, 2023, with the company's revenue of 175...
According to the Zhitong Finance App, Hong Kong Dragon China Land (06968) announced results for the year ended December 31, 2023. The company's revenue was 17.579 billion yuan, an increase of 47.82% over the previous year. Gross profit of 2,389 billion yuan, up 20.78% year on year; profit attributable to company owners was 148 million yuan, up 21.4% year on year; basic profit per share was 0.09 yuan.
According to the announcement, the Group's revenue mainly comes from property sales. For the year ended December 31, 2023, the Group's total revenue was approximately $17.579 billion, an increase of about 48% over the previous year. For the year ended 31 December 2023, including data from such joint ventures and associated companies, the Group's unaudited contract sales were approximately $12.2 billion. As at December 31, 2023, the Group's contract liabilities were approximately $8.695 billion. For the year ended December 31, 2023, property sales revenue increased by about 48% year-on-year to approximately $17.579 billion.