00497 CSI PROPERTIESWatchlist
About CSI PROPERTIES Company
Capital Strategy Properties Limited is a company listed on the Hong Kong Stock Exchange that engages in property investment and development business to reposition and enhance the value of its properties. Its properties are mainly commercial properties and luxury residences in high quality areas of Hong Kong and Shanghai, China. The Group now owns and manages over 2.5 million square feet of high-quality commercial, retail and residential properties in Hong Kong and Shanghai, China. The company's two main divisions are Capital Strategy Commercial Property Investment, our Commercial Property Investment Division, Monk Family Living, and our Quality Housing Development Division. Capital Strategy Commercial Property Investment Capital Strategy Commercial property investment successfully leverages the advantages of its management to find suitable properties, package and reposition the property to enhance rental income, thereby achieving capital appreciation. The Group's unique strategic positioning model has been successfully applied to many of the Group's projects, and the total asset value of the Group has successfully grown from about HK$300 million in 2004 to now over HK$25.8 billion (as of March 31, 2018). Life in the Shang Family Shang Family Life, as our market-leading luxury residential development division, achieved market success and recognition in 2010. Through collaborations with some internationally renowned architects and designers, and the most stylish decoration and furniture, Shang Family Life has redefined a higher standard of living for luxury homes in Hong Kong, China and mainland China.
CSI Properties' Profit Down in April-September
CSI Properties (HKG:0497) saw a decline in attributable profit for the six months ended Sept. 30 to HK$57.6 million from HK$61.6 million during the year-ago period. Basic earnings stood at HK$0.0062 p
Comprehensive profit of HK$57.6 million attributable to mid-term owners of Capital Strategic Real Estate (00497.HK)
On November 29, Gelonghui Capital Strategy Real Estate (00497.HK) announced that for the interim period ending September 30, 2023, the company's revenue was HK$324,000,000, compared to HK$230,700,000 in the previous interim period. The consolidated profit attributable to company owners was HK$57,600,000, a decrease of HK$4,000,000 from HK$61,600,000 in the previous interim period. Earnings per share attributable to shareholders in the interim period were HK0.62 cents, compared to HK0.66 cents in the previous interim period.
CSI PROPERTIES: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023