Summary by Moomoo AI
Shanghai Shimao Construction Co., Ltd. (“Shimao Construction”), under the auspices of the Shimao Group, has published a summary of its audited financial statements for the year ended 31 December 2023. The report showed that the year-to-date revenue of Shimao Construction was RMB34,470.1 million, a decrease from the previous year's $36,880.4 million. Net loss narrowed to RMB15,733.7 million, compared to RMB17,846.0 million in the previous year. Net loss attributable to Simeo Construction shareholders was RMB16,541.8 million, compared to RMB17,113.2 million in the previous year. As of the end of 2023, the total assets of Shimao Construction were RMB307,023.7 million, compared to RMB364,832.3 million in the same period last year; the total equity attributable to the shareholders of Simeo Construction was RMB4,710.0 million, a significant decrease from the previous year's...Show More