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CHEN XING: Annual Report 2023
CHEN XING: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Chenxing Development (02286) announced 2023 results with losses attributable to parent company owners of about 152 million yuan year-on-year profit to loss
According to the Zhitong Finance App, Chenxing Development (02286) announced its 2023 results, with revenue of about RMB 300 million, a year-on-year decrease of 74.88%; loss attributable to parent company owners was approximately RMB 152 million, profit attributable to 2022 was approximately RMB 10.44,000; and loss per share was RMB 0.25. According to the announcement, the decline in performance was mainly due to a decrease in sales and preparation for impairment of real estate projects. During the reporting period, the group had contracted sales of about 499 million yuan, a decrease of about 21.3% over the same period last year; the total contracted construction area was about 63,923 square meters respectively, a decrease of about 21 million yuan compared to the same period last year.
CHEN XING: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Chenxing Development (02286.HK) plans to hold a board meeting on March 27 to consider and approve the annual results
Chenxing Development (02286.HK) announced that the board meeting will be held at 10:00 a.m. on March 27, 2024 (Wednesday) in the conference room on the 1st floor of Chenxing Office Building, No. 18 Anning Street, Yuci District, Jinzhong City, Shanxi Province, the People's Republic of China (“China”).
Chen Xing Development to Swing to Loss
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