New Hope Services: Net profit margin attributable to the parent Company was 17.1% in 2023, annual dividend payout ratio reached 60%
Retrieved on:
Monday, March 25, 2024
Net profit margin attributable to the parent Company was 17.1%, remaining at mid-to-high level.
Key Points:
- Net profit margin attributable to the parent Company was 17.1%, remaining at mid-to-high level.
- The Board recommended payment of a final dividend of RMB0.091 per share, with an interim dividend of RMB0.067 per share, for a total annual dividend of RMB0.158 per share, equivalent to a dividend payout ratio of 60%.
- New Hope Service continued to follow the development strategy of deep regional penetration.
- As at 31 December 2023, the Group had projects in 33 cities across China, with the area under management 32,258,000 square meters ("sq.m.