Greentown Service Group Co Ltd Shs Regulation S

02869: XHKG (HKG)

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Greentown Service Outperforms Country Garden Services in Top-Line and Recurring Profit Growth

Jeff Zhang

Mar 27, 2025

Country Garden Services, or CGS, reported a CNY 1.8 billion net profit for 2024, in line with its profit alert. Meanwhile, Greentown Service Group's, or GSG's, 13% year-on-year net profit growth for 2024 beat our estimate due to stronger revenue expansion and better cost management.

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Greentown Service Group Co Ltd Shs Regulation S

Greentown Service Outperforms Country Garden Services in Top-Line and Recurring Profit Growth

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