Ligao Health Life (02370) announced its 2023 interim results, with revenue of approximately RMB 233 million, compared with...
According to the Zhitong Finance App, Ligao Health Life (02370) announced its 2023 interim results, with revenue of approximately RMB 233 million, an increase of about 12.2% over the previous year. Gross profit was approximately RMB 71.4 million, an increase of about 5.3% over the previous year. The company's owners should have accounted for profit of 136.39 million yuan, an increase of 9.59% over the previous year; profit per share was 6.82 points.
On June 30, 2023, the total construction area under management of the company reached 19.1 million square meters, an increase of 1.1% over the previous year. The total contracted construction area was 27 million square meters, an increase of 0.4% over the previous year.
According to the announcement, the increase in revenue was mainly due to an increase in managed floor space due to business expansion through internal growth; an increase in average property management costs, and an increase in revenue from home living services (including home decoration, repair and maintenance for owners) and sales of groceries to owners.