Country Garden Services Holdings Co Ltd

FRA:75H (China)  
€ 0.59 (-3.28%) Apr 30
55.58
P/B:
0.45
Market Cap:
€ 2.10B ($ 2.25B)
Enterprise V:
€ 730.88M ($ 781.34M)
Volume:
-
Avg Vol (2M):
3.01K
Also Trade In:

Business Description

Description
Country Garden Services was listed on the Hong Kong Stock Exchange in June 2018 as a spinoff via introduction by sister developer Country Garden Holdings. As of June 2022, Yang Huiyan, chairperson of CGH, was also the largest shareholder of CGS with 43% ownership. CGS was among the top residential property management firms in China in terms of revenue and gross floor area under management for 2023. This is mainly ascribed to scalable projects contributed by CGH and rising acquisitions of third-party property management peers. In addition, CGS provides value-added services to developers and homeowners, and city services on public space sanitation and greening.