Yuexiu Real Estate Investment Trust Full Year 2024 Earnings: CN¥0.064 loss per share (vs CN¥0.001 profit in FY 2023)

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Yuexiu Real Estate Investment Trust (HKG:405) Full Year 2024 Results

Key Financial Results

  • Revenue: CN¥2.03b (down 2.7% from FY 2023).
  • Net loss: CN¥320.6m (down from CN¥4.63m profit in FY 2023).
  • CN¥0.064 loss per share (down from CN¥0.001 profit in FY 2023).
SEHK:405 Revenue and Expenses Breakdown May 4th 2025

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

Yuexiu Real Estate Investment Trust Earnings Insights

The primary driver behind last 12 months revenue was the Office Rental segment contributing a total revenue of CN¥1.15b (57% of total revenue). The most substantial expense, totaling CN¥1.40b 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 405's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to decline by 1.5% p.a. on average during the next 3 years, while revenues in the REITs industry in Asia are expected to remain flat.

Performance of the market in Hong Kong.

The company's shares are down 1.3% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Yuexiu Real Estate Investment Trust that we have uncovered.

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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.