Performance | Evergrande Property's profit decreased by 3.4% last year

Evergrande Property (06666) announced its full-year results for the year ending last year, with a profit attributable to shareholders of 987 million yuan (RMB, same below), a year-on-year decrease of 3.4%; earnings per share of 0.09 yuan, with no dividend declared.

During the period, revenue was 13.678 billion yuan, an increase of 7.2% year-on-year.

As of the end of last year, the group managed an area of approximately 601 million square meters; during the year, a total of approximately 45 million square meters of new third-party contracts were signed, with contract annual revenue exceeding 1.1 billion yuan, a year-on-year growth of approximately 7.3%.

The group’s cash and cash equivalents were approximately 4.19 billion yuan, an increase of approximately 55.3%.

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