Before the market opened on March 26, China Resources Land Limited (HK:01109), the real estate arm of China Resources Group, released its full-year results for 2024. The company disclosed performance highlights of its shopping centers, primarily under the MixC brand, and revealed its latest expansion plans during the earnings conference.
For the full year of 2024, China Resources Land’s revenue increased by 11.0% year-on-year to RMB 278.8 billion [approx. USD 38.5 billion], while net profit attributable to shareholders declined by 18.5% to RMB 25.6 billion [approx. USD 3.5 billi …