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△Greentown China 2024 interim results press conference

On August 23, Greenland China (3900.HK) released its 2024 interim results announcement and held an interim results press conference on the 26th.

In the first half of 2024, the company achieved revenue of 69.562 billion yuan (RMB, the same below), a year-on-year increase of 22.1%, and realized a net profit of 3.320 billion yuan. The profit attributable to the shareholders of the company was 2.045 billion yuan, a year-on-year decrease of 19.6%, and the core net profit attributable to shareholders was 4.949 billion yuan, a year-on-year increase of 27.5%.

Zhang Yadong, Chairman of the Board of Directors of Greentown China, said that in the first half of 2024, Greentown China took multiple measures to strive to achieve the best operating results under the background of continuous adjustment in the industry, and achieved stable operating quality and steady industry position. In the future, facing new challenges and opportunities, Greentown China will further play its inherent advantages, strengthen the awareness of change, take the initiative to respond to challenges, actively seize opportunities, and promote the company's full-quality, high-quality and sustainable development with more accurate cognition, leaner management and more refined actions.