Summary by Moomoo AI
The company announced in its 2023 report that despite downward pressure from the market, the company actively adjusted its strategy to ensure cash flow security, and achieved sales of $3761.2 billion for the year, down 9.8% year-on-year, but remained the second in the industry in scale. The company's development business was challenged, but the operating services business grew steadily, with total revenue of $558.1 billion, up 8.9% year-on-year. The company's profit pressure, capital stock, cash and cash short term ratio have declined. Faced with problems, the company has taken targeted measures, and the operating business has formed high-quality assets, reaching $123 billion in transactions during the year. Companies are actively seizing opportunities such as REITs, real estate private equity...Show More