KE Holdings Inc. Announces First Quarter 2024 Unaudited Financial Results
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KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares) (BEKE)
Company Research
Source: GlobeNewswire
BEIJING, May 23, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the first quarter ended March 31, 2024. Business and Financial Highlights for the First Quarter 2024 Gross transaction value (GTV)1 was RMB629.9 billion (US$87.2 billion), a decrease of 35.2% year-over-year. GTV of existing home transactions was RMB453.2 billion (US$62.8 billion), a decrease of 31.8% year-over-year. GTV of new home transactions was RMB151.8 billion (US$21.0 billion), a decrease of 45.4% year-over-year. GTV of home renovation and furnishing was RMB3.4 billion (US$0.5 billion), an increase of 26.1% year-over-year. GTV of emerging and other services was RMB21.5 billion (US$3.0 billion), a decrease of 19.3% year-over-year.Net revenues were RMB16.4 billion (US$2.3 billion), a
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News
- With 41% ownership of the shares, KE Holdings Inc. (NYSE:BEKE) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Did KE Holdings Inc. (BEKE)'s Diversified Revenue Streams Highlight Its Growth Potential in Q1? [Yahoo! Finance]Yahoo! Finance
- KE Holdings Inc. Announces Results of Annual General MeetingGlobeNewswire
- KE Holdings Inc. (NYSE: BEKE) had its price target raised by analysts at Barclays PLC from $28.00 to $30.00. They now have an "overweight" rating on the stock.MarketBeat
- KE Holdings Inc. to Report First Quarter 2024 Financial Results on May 23, 2024 Eastern TimeGlobeNewswire
BEKE
Earnings
- 5/23/24 - Beat
BEKE
Sec Filings
- 6/24/24 - Form 6-K
- 6/17/24 - Form 6-K
- 6/14/24 - Form 144
- BEKE's page on the SEC website