Easyhome Retail navigates challenges, focuses on digital and expansion
** Easyhome New Retail Group (SZSE:000785) reported its 2024 operational results and provided updates on key strategic initiatives, including plans for the 2025 financial year. While facing pressures from a deep real estate market downturn and a highly competitive environment, the company reported CNY 12.97 billion in revenue and net profit of CNY 769.37 million for 2024. To boost shareholder confidence the board announced a commitment to shareholder returns and confirmed an intended third and fourth share repurchase and cancellation, total value CNY 141.33 million.
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