Gemdale Properties and Investment Full Year 2024 Earnings: CN¥0.28 loss per share (vs CN¥0.021 profit in FY 2023)

Simply Wall St

April 25, 2025

Gemdale Properties and Investment (HKG:535) Full Year 2024 Results

Key Financial Results

Revenue: CN¥13.2b (down 24% from FY 2023).
Net loss: CN¥4.57b (down from CN¥342.7m profit in FY 2023).
CN¥0.28 loss per share (down from CN¥0.021 profit in FY 2023).

We've discovered 2 warning signs about Gemdale Properties and Investment. View them for free.

revenue-and-expenses-breakdown — SEHK:535 Revenue and Expenses Breakdown April 25th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Property Development segment contributing a total revenue of CN¥11.9b (90% of total revenue). Notably, cost of sales worth CN¥12.7b amounted to 96% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling CN¥4.57b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 535's revenue and expenses shape its earnings.

Gemdale Properties and Investment shares are up 10.0% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Gemdale Properties and Investment you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.