Yuexiu Services Group Chairman Resigns, Successor Named
Yuexiu Services Group (HKG:6626) said its chairman, Lin Feng, resigned due to job reassignment, according to a Wednesday filing on the Hong Kong bourse. Zhu Huisong will succeed Lin as the new chairma
Yuexiu Services (06626.HK): Zhu Huisong appointed as Non-Executive Director and Chairman of the Board
Gelonghui, April 24 | Yuexiu Services (06626.HK) announced that Lin Feng resigned as a non-executive director and chairman of the board of directors. After his resignation, he ceased to serve as Chairman of the Nomination Committee, Investment Committee, Environmental, Social and Governance Committee and a member of the Remuneration Committee; and Zhu Huisong was appointed as a non-executive director and chairman of the Board, Chairman of the Nomination Committee, Investment Committee, Environmental, Social and Governance Committee, and a member of the Remuneration Committee.
Performance is polarized, is your residential property OK?
High-quality property companies that have returned to the cash cow logic at this stage may be able to regain the favor of fundamental investors through steady management and high dividends; for investors with higher risk appetite, those property companies that continue to make progress in expanding and cultivating value-added businesses with third parties may also have a high value of attention.
Dongwu Securities: Three important questions to consider when investing in property stocks at this stage
The Zhitong Finance App learned that Dongwu Securities released a research report saying that as the industry begins to return to a normal pace of development, the property business model should match a higher dividend rate, and increasing and maintaining a higher dividend rate should be a normal decision for property companies to adapt to the new stage of industry and company development. Looking at the current situation, considering the relationships with real estate related parties, the comprehensive strength of third parties to expand, and the ability and willingness to continue to pay high dividends, central and state-owned real estate enterprises have relatively higher investment value, but the investment value of individual outstanding private property enterprises should not be ignored. Based on analytical logic, recommendations: Poly Industries (06049), China Resources Wan
China Index Research Institute: In March, TOP50 property service companies added a total contract area of about 112.48 million square meters, with an average increase of 2.25 million square meters
Top 50 new contract areas added by Chinese property service companies in March 2024
[Broker Focus] Haitong Securities maintains Yuexiu Service (06626) “superior to the market” rating indicates a steady increase in net revenue and profit
Jinwu Financial News | According to Haitong Securities Research Report, the net revenue and profit of Yuexiu Service (06626) has been growing steadily, and shareholder returns have continued to increase. In 2023, we achieved operating income of RMB 3,224 million, +29.7% year on year; net profit to mother of RMB 487 million, +17.0% year on year; gross profit margin of 26.6%, which was basically the same; basic profit per share was RMB 0.32, with final dividend of HK$0.087 per share. According to the bank, considering that the company has plenty of cash on hand, the contract area and amount have maintained a good growth trend, and has now promoted equity incentive plans and successfully modernized
Changes in Hong Kong stocks | Property management stocks rise as domestic housing stocks rise, real estate policies continue to shift easing, and the impact of property management companies' real estate-related businesses weakens
Property management stocks rose along with domestic housing stocks. As of press release, Songdu Services (09608) rose 14.68% to HK$0.25; Xincheng Yue Service (01755) rose 6.55% to HK$2.44; Wanwuyun (02602) rose 5.33% to HK$18.98; and Yuexiu Services (06626) rose 2.91% to HK$2.83.
Analysts Have Made A Financial Statement On Yuexiu Services Group Limited's (HKG:6626) Full-Year Report
Yuexiu Services Group Limited (HKG:6626) last week reported its latest full-year results, which makes it a good time for investors to dive in and see if the business is performing in line with expecta
Yuexiu Services Logs 17% Profit Hike in 2023 on Higher Revenue
Yuexiu Services Group (HKG:6626) said attributable profit rose 17% to some 487 million yuan in 2023, from 416 million yuan in 2022. Basic earnings per share stood at 0.32 yuan for the reporting period
YUEXIU SERVICES To Go Ex-Dividend On June 17th, 2024 With 0.087 HKD Dividend Per Share
March 19th - $YUEXIU SERVICES(06626.HK)$ is trading ex-dividend on June 17th, 2024. Shareholders of record on June 18th, 2024 will receive 0.087 HKD dividend per share on July 5th, 2024. The ex-di
Gelonghui Announcements Selected (Hong Kong Stock) | Reading Group (00772.HK) Announces Annual Results Monthly Paying User Growth of Its Own Platform Products by Over 20%, Officially Entering the Boutique Short Drama Market
[Today's Focus] Reading Text Group (00772.HK) announced its annual results, with monthly paying users of its platform products growing by more than 20%. Reading Group (00772.HK) announced that for the year ended December 31, 2023, the company's revenue reached RMB 7,011.8 million, and the profit attributable to the company's equity holders increased 32.3% year-on-year to RMB 804.9 million. The average monthly paying users of the company's own platform products and self-operated channels increased 10.1% year-on-year from 7.9 million to 8.7 million in the same year. In particular, the company's own platform
Yuexiu Services (06626) announced its 2023 annual results: the pace of market expansion is steady, and value-added services continue to increase
Zhitong Finance App learned that on March 18, 2024, Yuexiu Services (06626) announced its annual results up to 2023. During the reporting period, the Group achieved operating income of RMB 3,223.6 million, up 29.7% year on year; profit attributable to shareholders of RMB 487.0 million, up 17.0% year on year; basic profit per share of RMB 0.32, final dividend of RMB 0.079 per share, and annual dividend of RMB 0.160 per share, with an annual dividend of RMB 0.160 per share, with an annual dividend payout rate of 50%. Mr. Lin Feng, non-executive director and chairman of the board of directors of Yuexiu Services, said, “2
Yuexiu Services (06626) proposes to appoint Ernst & Young as the new auditor
Yuexiu Services (06626) issued an announcement. The company's board of directors announced that PricewaterhouseCoopers will be in 2024...
Yuexiu Services (06626) will pay a 2023 final dividend of HK8.7 cents per share on July 5
According to the Zhitong Finance App, Yuexiu Services (06626) announced that it will pay a 2023 final dividend of HK8.7 cents per share on July 5, 2024.
Yuexiu Services (06626.HK): Net profit increased 17% year-on-year in 2023 to $487 million with final interest of HK$0.087 million
Gelonghui, March 18, 丨 Yuexiu Services (06626.HK) announced that for the year ended December 31, 2023, total revenue was RMB3,236 million, up 29.7% year on year, of which: (i) revenue from non-commercial property management and value-added services was RMB 2,630.1 million, up 35.5% year on year; and (ii) revenue from commercial property management and operation services was RMB 593.5 million, up 8.9% year on year. Profit attributable to company owners was RMB 487 million, up 17.0% year on year, and basic profit per share was RMB 0
YUEXIU SERVICES: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
[Broker Focus] CMB International is cautiously optimistic about real estate and property management, and news related to developers' debt repayment continues to disrupt sector performance
Jinwu Financial News | CMB International said it is cautiously optimistic about real estate and property management. On the sales side, weak sales in February were mainly affected by weak transactions during the Spring Festival holiday. Recently, the number of visits and transactions in the new housing market in first-tier cities has been increasing on a weekly basis. The bank believes that it is mainly driven by the supply side — developers have entered the centralized promotion stage, and actions such as opening multiple model rooms and discounts have led to an increase in the number of buyers in need to visit, inquire, register their intentions, etc., and drive transactions. However, the overall recovery in transactions is currently only around 45% of the same period up to last year. The bank believes that March-April sales may continue to be maintained under the influence of strong push from developers
Yuexiu Services (06626.HK) plans to hold a board meeting on March 18 to approve annual results
Gelonghui March 6 | Yuexiu Service (06626.HK) announced that the board of directors will hold a board meeting on March 18, 2024 (Monday) to approve (among others) the Group's annual results for the year ended 31 December 2023 and consider the payment of a final dividend.
YUEXIU SERVICES: DATE OF BOARD MEETING
Everbright Securities: Stable property fundamentals, slow release of risk factors, seize lower sector allocation opportunities
Property fundamentals are stable, risk factors are mitigated, and opportunities at the bottom of the sector are seizing allocation opportunities.
No Data