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30 Apr 2025
Shimao Jianshe 2024 Audited Results Reveal Financial Challenges Amidst Operational Stability
Summary:
- Operating Income for 2024 saw a slight increase compared to the previous year.
- The company reported an increased Net Loss in the audited results for the year.
- Total Assets as at 31 December 2024 significantly decreased from the prior year.
- Total Equity Attributable to Equity Holders shifted from a positive to a negative balance by the end of 2024.
- Net Loss Attributable to Equity Holders of Shimao Jianshe saw a slight decrease compared to 2023, despite the overall Net Loss increase.