PHOENIX PROPERTY released its 2024 annual performance, reporting a net loss attributable to shareholders of 179 million yuan, turning from profit to loss year-on-year
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PHOENIX PROPERTY released its 2024 annual performance, achieving revenue of 845 million yuan during the reporting period, a year-on-year increase of 30.75%; the net loss attributable to shareholders was 179 million yuan, turning from profit to loss compared to the previous year. The non-recurring net profit also recorded a loss of 179 million yuan, with basic earnings per share at -0.1910 yuan. The main reasons for the decline in net profit attributable to shareholders include the drop in real estate sales prices and the provision for asset impairment
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