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beijing urban construction investment & development (600266): Investment driving performance recovery, repurchase cancellation to maintain value.
In the third quarter, the financial investment performed outstandingly, turning losses into profits. From January to September 2024, the company achieved revenue of 11.761 billion yuan, a year-on-year decrease of 26.72%. From January to September 2024, the company successfully turned losses.
Urban Construction Development: Urban Construction Development Report for the Third Quarter of 2024
Urban Construction Development Report for the Third Quarter of 2024
Urban Construction Development\'s announcement on the real estate business situation in the third quarter of 2024
Huachuang Securities: Interest rate cuts promote the bottoming out of the property market, but still need to pay attention to changes in residents' income.
Lowering the LPR again can to a certain extent reduce the cost of residential purchases, which is beneficial for accelerating market bottoming out.
Beijing Urban Construction Investment & Development (600266): Equity investment drives turnaround, highlighting Beijing's inherent advantages.
The company released its third-quarter report on October 30th, with revenue of 11.76 billion yuan in Q1-Q3 24, a year-on-year decrease of 27%; net income attributable to the mother was 0.55 billion yuan, a year-on-year decrease of 9%. The company's private equity investment performed well in Q3 and is expected to continue in Q4.
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