Sunac Services Holdings Ltd. has released its annual report for the year 2024. The company, listed on the Main Board of The Stock Exchange of Hong Kong Limited, reported a revenue of approximately RMB6,969.5 million for the year ended 31 December 2024. This represents a slight decrease of around RMB40.0 million, or 0.6%, compared to the RMB7,009.5 million recorded in the previous year. The decline in revenue is attributed primarily to a reduction in income from value-added services to non-property owners. Revenue from third parties increased by 5.6% to RMB6,801,695, while revenue from related parties fell by 70.6% to RMB167,806. The full report can be accessed through the link below.
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