HK Stock Market Move | GREENTOWN MGMT (09979) rose over 6%, with revenue and net profit growth in the first half of the year, continuing its high dividend characteristic.

GREENTOWN MGMT (09979) rose over 6%, reaching a 6.1% increase to HKD 2, with a transaction volume of HKD 5.1626 million as of the time of writing. In terms of news, GREENTOWN MGMT achieved revenue of approximately RMB 1.466 billion in the first half of this year, a year-on-year increase of 7%; gross profit was RMB 603 million, a 10% increase year-on-year; net profit attributable to equity holders was approximately RMB 271 million, a 6% year-on-year increase. The net cash inflow from operating activities reached RMB 134 million, up 20% compared to the same period last year. The company declared an interim dividend of HKD 0.076 per share and expects the full-year dividend payout ratio for 2026 to be no less than 80% of net profit attributable to the parent company, maintaining its high dividend property. In the first half of the year, the company expanded its new contracts with a total construction area of approximately 13.52 million square meters, with new agency fees of approximately RMB 3.41 billion. The proportion of new agency fees in first- and second-tier cities increased to 64.3%. As of June 30, 2026, the company's total construction area of orders on hand was approximately 120 million square meters, with the four major city clusters accounting for 76.5%. The ample and high-quality order reserve provides a solid foundation for stable long-term operations.