Selected Announcements | Alibaba reaches a settlement agreement of over 0.4 billion USD in shareholder class action lawsuit; China Shenhua Energy earns over 50 billion yuan in net profit in the first three quarters.
China Shenhua Energy's net profit in the first three quarters exceeded 50 billion yuan, how fast is the growth rate?
China Merchants Commercial REIT (01503) had an average office leasing rate of 92.9% in the third quarter.
China Merchants Commercial REIT (01503) released the company business data for the three months ending on September 30, 2024, the third quarter...
CMC REIT: 2024 Interim Report
China Merchants Commercial REIT (01503.HK): Steady progress, resilient to market fluctuations with high-quality assets.
In the face of the continuous increase in market supply, the relative shortage of effective office demand, and the transformation of corporate office methods to be more flexible and diversified, among other factors, the operation of commercial office buildings has faced significant pressure in recent years. Despite the uncertainty in the industry's development, there are still companies that have shown the ability to swim against the current through outstanding operation. On August 14th, China Merchants Commercial REIT announced its mid-term performance for 2024, with a recorded income of 0.266 billion yuan and a year-on-year growth of 11.9%; net property income of 0.201 billion yuan, with a year-on-year growth of 12.5%; and a distribution of 0.0 per fund unit.
Understanding the performance of China Merchants Commercial REIT Fund (1503.HK) by 2024 midterm with one diagram.
On August 14th, 2024, China Merchants Commercial REIT (1503.HK), the first state-owned real estate investment trust fund to be listed in Hong Kong, announced its mid-year performance as of June 30th, 2024. Let's take a look at the highlights of this performance and operational excellence through a chart below.
China Merchants Commercial REIT's fund income increased by 12% in the first half of the year, and mid-term distribution increased significantly by 26% to reach HKD 0.06 per fund unit.
China Merchants Commercial REIT (1503 HK), announced its interim performance for the six months ended on June 30th, 2024. Despite challenging circumstances, the operation of REIT within the reporting period still showed positive performance. As the rental income sharply increased by 9.7% to RMB 238.4 million on a year-on-year basis, the total revenue of China Merchants Commercial REIT Fund during the reporting period rose by RMB 26.63 million, a 11% growth compared to the same period in 2023.