Reported 12 months ago
Big City Real Estate (6171) reported an EPS of 2.48 yuan last year, with a shareholders' meeting held on June 27, 2024, where a dividend of 1.5 yuan per share was approved and a full board election took place, re-electing Lai Yuanzhao as chairman. Looking at the housing market in the second half of the year, Lai expressed cautious optimism due to the abundance of market speculators and public interest in buying property to hedge against inflation. Big City introduced the 'Big City Light Years' presale project in the Beitun MRT Special Zone in the first half of the year, generating good sales, and is now set to launch the 'Big City Zhiqiu' joint construction project with total sales of 4.2 billion yuan in July to seize the market. With a total sales amount of 7.7 billion yuan from two new projects this year, Big City is preparing for future revenue. Its subsidiary construction agencies, including Big City Real Estate, Big City Construction, and Daying Construction, are optimistic about the buying momentum in the housing market in the second half of the year, planning to release three new presale projects in the third quarter, all focusing on the Beitun District of Taichung City.
Source: YAHOO