Poly Property's 2024 Attributable Profit Plummets

MT Newswires Live
03-20

Poly Property's (HKG:0119) attributable profit plunged to 182.9 million yuan in 2024 from 1.44 billion yuan in 2023, according to a Thursday filing with the Hong Kong bourse.

Earnings per share at the property company plummeted to 0.0479 yuan from 0.3781 yuan in the previous year.

Revenue slipped to 40.2 billion yuan from 40.9 billion yuan a year earlier.

The company declared a final dividend of HK$0.021 per share, payable July 3 to shareholders on record as of June 19.

Shares slipped 1% during Thursday's afternoon trading.

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